World Bank Predicts 9.4% Account Surplus for Nigeria by 2026 - What It Means for You

 

Nigeria could be heading for a strong economic win, according to the latest World Bank Africa Pulse report. The country’s current account surplus is projected to reach 9.4% of GDP by 2026, up from 9.2% this year.

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Analysts say the surplus is driven by improved oil export performance, higher diaspora remittances, and a narrowing trade deficit.

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However, experts warn that inflation and subsidy pressures could still challenge domestic spending power. “The surplus is great on paper but Nigerians need to feel it in their pockets,” said an economist from UNILAG.

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The FG is expected to release a response plan later this week on how this projection fits into Nigeria’s 2025–2027 economic roadmap.