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Business

World Bank Projects Economic Growth for Nigeria in 2025, 2026

James Moses
Last updated: January 17, 2025 2:58 pm
By James Moses - James Moses
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The World Bank on Nigeria Economic Growth for this year 2025 and 2026.

The World Bank has projected 3.6 percent average Economic growth for the Nigerian economy between 2025 and 2026 following ongoing reforms by the Federal Government.

The apex Bank stated this in its report, Global Economic Prospects, January 2025 published on Thursday.

It added that recent reforms by the Federal Government helped to boost business confidence.

Profound among the economic reforms by the Federal Government has been the removal of fuel subsidies and controversial tax bills.

The World Bank said: “In Nigeria, Gross Domestic Product, GDP, growth increased to an estimated 3.3 percent in 2024, mainly driven by services sector activity, particularly in financial and telecommunication services.

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ByJames Moses
James Moses
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James Moses is a 9News Nigeria news correspondent reporting from Jos, Plateau State. He is an experienced writer, journalist and blogger. He is passionate and flair for Politics, Sports and Entertainment reporting.
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