Nigeria’s economic outlook for 2026 is something to cheer about if the projections by the World Bank and the Nigerian Economic Summit Group (NESG) are anything to go by.

According to the 2026 ‘Global Economic Prospects’ report by the World Bank released recently, the Bretton Wood institution projected Nigeria’s economic growth rate for 2026 to 4.4 percent from the 3.7 percent forecasted in June 2025.

The global financial institution also upgraded Nigeria’s economic growth rate for 2027 to 4.4 percent from 3.8 percent.

In addition, the bank estimated that Nigeria’s economy grew by 4.2 percent in 2025, compared to the 3.6 percent forecasted in June last year.

Also, the World Bank increased its 2026 global economic growth rate projection from 2.4 percent to 2.6 percent.

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