February 28, 2023

Nigeria Economic Update (Issue 4)

The International Monetary Fund (IMF), has in its January World Economic Outlook improved its projection for Nigeria’s 2023 economic growth rate to 3.2 per cent, representing 0.2 percentage points increase from the 3.0 per cent earlier projected in its October 2022 World Economic Outlook. The IMF based its reviewed growth on improved security measures in the oil sector in the country.

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