by Hauwa’u Sani
Nigeria’s economic outlook for 2026 is positive, driven by new projections from the World Bank and the Nigerian Economic Summit Group (NESG).
According to the 2026 Global Economic Prospects report released by the World Bank, Nigeria’s economy is projected to grow by 4.4 percent in 2026, an improvement from the 3.7 percent forecast in June 2025. The institution also raised Nigeria’s 2027 growth forecast to 4.4 percent, up from 3.8 percent.
The Bank further estimated that Nigeria recorded 4.2 percent growth in 2025, compared to the earlier projection of 3.6 percent. It also increased its 2026 global economic growth projection from 2.4 percent to 2.6 percent.
Additionally, the report estimated a 2.7 percent global growth rate for 2026, up from the 2.3 percent forecast in mid-2025. For 2027, the global growth rate is projected to remain at 2.7 percent.
The World Bank said the global economy is proving more resilient than anticipated, despite persistent trade tensions and policy uncertainty.