James Emejo in Abuja
International Monetary Fund (IMF) has said Nigeria may emerge as Africa’s third-largest economy, with its Gross Domestic Product (GDP) projected to hit $334 billion in 2026, displacing Algeria.
With GDP of about $285 billion at current prices, Nigeria emerged fourth in Africa, trailing South Africa, Egypt and Algeria in 2025, according to the fund’s World Economic Outlook (October 2025).