IMF raises Nigeria’s economic growth forecast for 2023

July 27, 2022

The International Monetary Fund (IMF) has forecast that the Nigerian economy will grow by 3.2 percent in 2023, up from the 3.1 percent it previously projected in April this year. The IMF, which released its World Economic Outlook report on Tuesday, left its 2022 growth projection for Africa’s biggest economy unchanged at 3.4 percent. Read […]

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Nigeria’s growth projection unchanged despite rising global inflation, says IMF

Nigeria’s economic growth forecast by the International Monetary Fund (IMF) remains unchanged amid the soaring global inflation. Nigeria’s projection remains 3.4 percent for the year 2022 and is expected to decline to 3.2 percent in 2023 while Sub-Saharan Africa’s projection remains 3.8 percent for the year 2022 and is expected to further increase to 4 read more Nigeria’s growth projection unchanged despite rising global inflation, says IMF

July 27, 2022