•Containers seen in a port The International Monetary Fund (IMF) has cut its forecast for Nigeria’s economic growth in 2024 to 3.1 per cent. The downgrade is contained in a newly released report ‘in the July 2024 World Economic Outlook’ published yesterday. The IMF cited a weaker growth recorded in the first quarter of the […]
The International Monetary Fund, IMF has downgraded its forecast for Nigeria’s 2024 economic growth to 3.0 per cent. This represents one percentage point below the growth forecast of 3.1 percent made in October 2023. The IMF announced the downgrade in its World Economic Outlook update in January 2024 released today, reports Vanguard. The IMF a...
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