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IMF: Nigeria’s 4.1% growth forecast masks the country’s biggest economic challenge

The IMF’s July 2026 World Economic Outlook Update projects global growth of 3.0% in 2026 and 3.4% in 2027; slightly below the 3.5% average of 2024–25, though broadly unchanged from April. For Nigeria, the message is more encouraging: growth forecasts of 4.1% for 2026 and 4.3% for 2027 were left unchanged despite the disruption from the Middle East conflict. [...]