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.

Nigeria could unlock a new wave of economic growth by simply reallocating a small slice of its budget, about one percent of Gross Domestic Product (GDP) from recurrent and administrative expenses to productive sectors like education and infrastructure, the International Monetary Fund (IMF) has said.