The International Monetary Fund, IMF has upgraded its forecast for Nigerias economic growth to 3.4 per cent in 2025.
The new forecast represents 0.4 percentage points from the 3.0 per cent forecast of the IMF in April this year.
Similarly the IMF raised its forecast for the countrys economic growth for 2026 to 3.2 per cent, representing 0.5 percentage points from 2.7 per cent in April.
The IMF announced the new forecast in its World Economic Outlook, WEO, July 2025 edition, which also showed an upward review of the forecast for global economic growth to 3.0 percent for 2025 and 3.1 percent for 2026.