Egypt has raised domestic fuel prices by up to 30%, citing “exceptional” global energy pressures caused by the ongoing Middle East war, which has disrupted oil supplies and shipping routes.

Nigeria is set to reclaim its position as Africa’s third-largest economy in 2026, according to the International Monetary Fund (IMF).

Nigeria Among Top 10 Contributors to Global GDP Growth in 2026 — IMF ‎ ‎Nigeria has been ranked among the top 10 contributors to global real GDP growth in 2026, according to new figures released by the International Monetary Fund (IMF). ‎ ‎IMF data shows that Nigeria will...

Nigeria to Overtake South Africa, Become Continent’s Largest Contributor to Global GDP - IMF ‎ ‎Nigeria is projected to overtake South Africa as Africa’s largest contributor to global economic growth in 2026, according to new estimates by the International Monetary Fund (IMF). ‎ ‎The projection, reported by Business...

The International Monetary Fund (IMF) has revised Nigeria’s economic growth projection for 2026 upward to 4.4%, signaling renewed confidence in the country’s economic trajectory. This marks a modest but notable increase from the Fund’s previous forecast of 4.2%.

At the recently concluded annual meetings of the IMF/World Bank Group in Washington, D.C., U.S., global stakeholders acknowledged the positive impact of Nigeria’s economic reforms and gave the country a clean bill of health.