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World Bank downgrades Nigeria’s 2026 economic growth to 4.1%

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World Bank downgrades Nigeria’s 2026 economic growth to 4.1%

13 Apr, 2026

The World Bank has downgraded Nigeria’s economic growth projection to average of 4.1 percent in 2026. In October 2025, World Bank projected Nigeria’s economy will grow by 4.4 percent in 2026 and 2027. The bank also downgraded the projection for 2027 to 4.2 percent, while the growth forecast for 2028 was put at 4.3 percent. In its April 2026 Africa Economic Update titled, ‘Making Industrial Policy Work in Africa,’ the global lender said the growth forecast is driven by more stable macroeconomic conditions and a gradual recovery in investment...............................….......READ MORE