📰 Nigeria sees highest economic growth in a decade – World Bank
Nigeria’s economy grew by 4.9% in Q1 2025, marking its highest quarterly growth rate in 10 years, according to the World Bank. The recovery is driven by investment in renewable energy, fintech, and strong performance in agriculture, which is flowing through Africa.
Despite security concerns and inflationary pressures, investor confidence appears to be rising, and analysts now expect full-year growth to surpass 4%. The naira has stabilised, and foreign direct investment is increasing.
However, challenges remain: fuel subsidy reform, youth unemployment, and regional instability continue to weigh on long-term prospects.
Media comparison – Nigeria sees highest economic growth in a decade
- DW: Celebrates growth but warns of persistent inequality.
- Bloomberg: Highlights renewables and tech as growth drivers.
- The Guardian Nigeria: Points to disconnect between macro gains and everyday hardship.
Political Reactions + Tweets
- @NGRPresident: “Nigeria is back. Growth, investment, and jobs are rising.”
- @WorldBankAfrica: “4.9% growth — highest in a decade. The work continues.”
- @SaharaReporters: “How much of this growth do ordinary Nigerians feel?”