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The World Bank has downgraded Nigeria’s 2026 growth forecast to 4.1%, a retreat from the 4.4% it predicted just six months ago. In its April 2026 Africa Economic Update, the lender cited sluggish investment and deep-seated structural constraints as the primary drags on the continent’s largest economy. While the bank expects more stable macroeconomic conditions…
The United Kingdom has committed to a side-by-side partnership with Nigeria to dismantle bureaucratic bottlenecks and stabilise the country’s business environment. Alice Clarke, Head of Macroeconomic Stability at the British High Commission, announced the move during a diplomatic roundtable in Abuja. She noted that businesses do not experience reform in theory but through the speed…
