IMF Downgrades Nigeria’s 2025 Growth Forecast to 3%

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Ujamaa Team 24 Apr 2025

0 111 Less than a minute

The IMF has projected Nigeria’s economy to grow by 3.0% in 2025, a slight downward revision from its earlier forecast of 3.2%, citing lower oil prices. This growth is lower than the Nigerian government’s ambitious target of 4.6%. Despite the country’s stronger-than-expected 3.84% growth in Q4 2024, driven by an upswing in the non-oil sector, […]source

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