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Nigeria’s economic growth may weaken in 2027, AfDB projects

The African Development Bank Group has projected that Nigeria’s economic growth will slow to 3.7 per cent in 2027 as easing global oil prices reduce external revenue inflows, despite a modest improvement expected in 2026.  The projection was contained in the bank’s recently published African Economic Outlook 2026 report, which noted that Nigeria’s growth would rise marginally from an estimated 4.0 per cent in 2025 to 4.1 per cent in 2026. [...]