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Country Focus Report 2026 - Nigeria - Mobilizing Nigeria’s Development Financing at Scale in a Fragmented World

Nigeria’s economy recorded significant improvements in all macroeconomic indicators in 2025, partly attributed to ongoing economic reforms. Real GDP grew by four percent supported by strong performance in services, oil and gas, agriculture, trade, and real estate sectors. Inflation declined from 33.2 percent in 2024 to 23 percent in 2025, reflecting tight monetary policy and stable foreign exchange rates following enhanced liberalization in 2023. External buffers strengthened as gross official reserves reached USD 45 billion (approximately 11 months of import cover) in December 2025 benefiting…

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