IMF elevates Nigeria's growth forecast to 3.4%, higher than global average

    Onyinye Nwachukwu | Top Stories | Jul 30, 2025    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
2358
times

The International Monetary Fund (IMF) on Tuesday released its latest World Economic Outlook (WEO) update, revising Nigeria's real GDP growth forecast for 2025 up to 3.4 percent, marking a clear upgrade from the 3.0 percent projection published in its April 2025 outlook during the Spring Meetings.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
Energy
Six oil projects to unlock 800,000 bpd for Nigeria
Nigeria’s oil industry is on the verge of a potential production rebound, as a new wave of offshore projects, backed by billions of...
Oladehinde Oladipo | Aug 13, 2025
Companies and Market
Companies pause new debt in rate cut bet
Nigerian companies are delaying issuing new debt as they await a more favorable borrowing environment from September, leaving the...
Eniola Olatunji | Aug 12, 2025
Economy
Non-oil export earnings hit five-year high on value-addition
Nigeria’s non-oil exporters are changing tactics by adding value to their products, pushing their earnings to a five-year high in 2025...
Odinaka Anudu and Favour Okpale | Aug 11, 2025
Analysis
Why the world can’t say goodbye to oil
This is not charcoal. This is oil, a single resource with the power to generate hundreds more. From fertilisers that feed crops to plastics
Oluwatobi Ojabello | Aug 10, 2025
support_agent
phone
mail_outline
language
help_outline
Conference Ad Conference Ad