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IMF upgrades Nigeria’s 2019 GDP growth forecast to 2.3%:

IMF upgrades Nigeria’s 2019 GDP growth forecast to 2.3%

IMF upgrades Nigeria’s 2019 GDP growth forecast to 2.3%: The International Monetary Fund (IMF) yesterday upgraded its growth rate forecast for Nigeria’s Gross Domestic Product (GDP) in 2019 to 2.3%, while retaining 2.1% for 2018, citing improved crude oil prices.

The IMF announced the upgrade in its World Economic Outlook (WEO) July 2018 update titled, ‘Less Even Expansion, and Rising Trade Tensions’. (Source: Vanguard)

 

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