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Nigeria’s Economic Growth Too Slow To Reduce Poverty – World Bank

Nigeria’s Economic Growth Too Slow To Reduce Poverty - World Bank   The World Bank, yesterday, warned that Nigeria’s economic growth is too slow to address the challenge of extreme poverty in the country. Meanwhile, the bank has retained its economic growth (Gross Domestic Product, GDP) forecast...

IMF Says Nigeria’s Economic Growth Will Drop To 3%

IMF Says Nigeria’s Economic Growth Will Drop To 3%   The International Monetary Fund (IMF) has predicted that Nigeria’s economic growth will fall from 3.2 per cent in 2023 to 3.0 per cent in 2024. This is as it retained Nigeria’s 3.2 per cent economic growth projection...

Afreximbank Boss To Speak On Economic Growth

Afreximbank Boss To Speak On Economic Growth   The President and Chairman Board of Directors of African Export-Import Bank, Professor Benedict Oramah, will lead discussions on critical issues that will give further insights into the economic transformation of Africa at the 2023 Annual Lecture of The...

IMF Says Nigeria’s Economic Growth May Shrink To 2.9%

IMF Says Nigeria’s Economic Growth May Shrink To 2.9%   Nigeria’s economic growth is predicted to shrink by 0.3 percentage points from 3.2 per cent in 2023 to 2.9 per cent in 2024, according to the International Monetary Fund (IMF). This is as the global money lender...

UN Projects 3% Economic Growth For Nigeria

UN Projects 3% Economic Growth For Nigeria   The United Nations has said the Nigerian economy will grow to three per cent in 2023 because of a robust commodities trade and dynamic consumer goods and services markets. It stated that high inflation and power supply issues are...

Fitch Predicts Slow Economic Growth For Nigeria In 2023

Fitch Predicts Slow Economic Growth For Nigeria In 2023   The Nigerian economy will continue to slump in 2023 due to activities leading to the general elections next year, but would likely pick in 2024, with growth rising to 3.3 per cent, a Fitch Solutions Country...