World Bank Pulls Nigeria Development Report Days After Release

The World Bank has removed its latest Nigeria Development Update report from its website, just days after its release on April 7, 2026, leaving questions about the document's accessibility amid ongoing economic challenges in the country. Titled "Nigeria's Tomorrow Must Start Today: The Case for Early Childhood Development," the biannual assessment highlighted moderate economic growth and stabilizing indicators but warned that improvements have yet to reach ordinary households, exacerbating poverty and social vulnerabilities.

Nigeria's economy expanded by 4 percent in 2025, driven primarily by the services sector, including information and communications technology, financial services, and real estate, according to details from the report. Agriculture and oil production contributed modestly, while early 2026 data pointed to continued expansion across sectors, despite a slight slowdown from global tensions such as the Middle East conflict. Inflation eased to 15.1 percent in February 2026 from 26.3 percent a year earlier, supported by tighter monetary policy and better food supplies. Gross external reserves reached 45.5 billion by the end of 2025, covering 8.7 months of imports,...