Nigeria, Jan. 14 -- Nigeria's economy is expected to grow at its fastest pace in more than a decade, after the World Bank upgraded its growth forecast for Africa's largest economy.

In its 2026 Global Economic Prospects report released on Tuesday, the World Bank said Nigeria's economic growth is forecast to strengthen to 4.4 per cent in both 2026 and 2027, up from an estimated 4.2 per cent in 2025.

The bank said the improvement would be driven largely by a continued expansion in the services sector, particularly finance and information and communication technology, alongside a rebound in agricultural output and modest growth in non-oil industries.

It added that economic reforms, including changes to the tax system and the continuation o...