Figures cited by The Guardian Nigeria from the UN’s World Economic Situation and Prospects 2026 suggest global economic output could grow about 2.7% in 2026, slightly below the prior year estimate and under the pre‑pandemic average.
The report highlights headwinds from higher tariffs, geopolitical uncertainty and uneven recoveries across regions, with growth forecasts varying across the US, EU, Asia and Africa.
For Nigeria, a softer global environment can affect oil prices, capital flows, remittances and borrowing costs—making domestic reforms and stability even more important.
Investors and policymakers will be watching inflation trends and central-bank easing cycles globally, which can influence risk appetite for emerging markets.
Echotitbits take: Nigeria’s external environment may be less supportive this year. Watch for how fiscal and FX reforms cushion shocks, and whether trade diversification reduces oil dependence.
Source: Reuters – https://www.reuters.com/business/un-predicts-world-economic-growth-slip-27-2026-2026-01-08/ 9 January 2026
Reuters Nigeria 2026-01-09
Photo Credit: Reuters