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Nigeria Development Update (NDU)

by NNW Bureau
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The Nigeria Development Update (NDU) is a biannual World Bank report series. The NDU assesses recent economic and social developments and prospects in Nigeria, and places these in a longer-term and global context. It also provides an in-depth examination of selected economic and policy issues and an analysis of Nigeria’s medium-term development challenges. It is intended for a wide audience, including policy makers, business leaders, financial market participants, and the community of analysts and professionals engaged in Nigeria’s evolving economy.

Nigeria’s Tomorrow Must Start Today – The Case for Early Childhood Development

Since the last edition of the Nigeria Development Update (NDU), Nigeria has made meaningful progress in restoring macroeconomic stability following the implementation of bold reforms. Inflation has eased markedly, external and fiscal positions have strengthened, and economic growth has remained robust, driven largely by services. However, household incomes have yet to recover fully and poverty remains high, underscoring the need to consolidate stabilization gains while accelerating inclusive growth.

From Policy to People: Bringing the Reform Gains Home

Nigeria has made notable progress in stabilizing its economy through bold reforms in fiscal, monetary, and trade policy. The October 2025 edition of the NDU highlights improvements in growth, revenue mobilization, and external balances, but notes that these gains have yet to significantly improve living standards. With food inflation and poverty still high, the report calls for urgent action to reduce inflation, enhance public spending efficiency, and expand social protection.

READ MORE: https://www.worldbank.org/en/country/nigeria/publication/nigeria-development-update-ndu

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