📺 Nigeria TV Info – IMF Raises Nigeria’s 2025 Economic Growth Forecast to 3.4%

The International Monetary Fund (IMF) has revised its economic growth projection for Nigeria, raising the forecast to 3.4% for the year 2025. This marks an improvement from earlier projections, signaling growing confidence in the country’s economic recovery and policy direction.

According to the IMF’s latest World Economic Outlook, released on Tuesday, the revised forecast reflects improved macroeconomic conditions, policy reforms, and efforts to stabilize inflation and strengthen fiscal discipline.

The report notes that Nigeria’s ongoing structural reforms, including changes in foreign exchange management, energy subsidy removal, and revenue mobilization strategies, have contributed to renewed investor interest and a more resilient economic outlook.

Despite persistent challenges such as high inflation and security concerns, the IMF projects that Nigeria’s economy will continue on a path of moderate recovery, supported by improved oil production, private sector activity, and stronger non-oil sector performance.

Analysts say the upgrade offers a positive signal for both domestic and foreign investors and highlights the importance of sustaining current reforms to ensure long-term growth and stability.

This development positions Nigeria as one of the leading economies in Sub-Saharan Africa with promising growth prospects going into 2025.

— Nigeria TV Info