Washington, Oct. 14, 2025 – The International Monetary Fund (IMF) has reviewed upward its forecast on Nigeria’s economic growth in 2025 to 3.9%
It also upgraded the forecast for 2026 to 4.2%
The IMF announced the new projections in the latest edition of its World Economic Outlook (WEO) Report released on Tuesday at the ongoing world Bank/IMF meetings in Washington, United States.
Deniz Igan, the IMF Divisional Head, Research Department, while speaking at a press conference at the meeting on Tuesday, attributed the upward review of the forecast to the improving economic outlook in Nigeria as reflected in the foreign exchange market.
He said the exchange rate had been appreciating since July, while the country’s financial conditions are strengthening with the increase in investment confidence.
The IMF had put the estimate at 3.4% in its last review in July 2025.
