Economic Outlook Nigeria 2024. Sluggish growth and rising inflation have increased poverty from 40 percent in 2018 to 46 percent in 2023, pushing an additional 24 million people below. 2023 in retrospect and pwc key insights and outlook.
A cautious mix of hope and obstacles. Growth is projected at 2.9 percent for 2023, and 3 percent in 2024, as hydrocarbon performance revives, including from better control of theft.
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While the report acknowledges the country's potential for growth, it also outlines several challenges that could hinder progress.
The Authorities Reformed The Fuel Price Subsidies.
Firstbank nigeria economic outlook 2024 is designed to consider various indicators and factors, including monetary policies, government spending, trade relations, and global economic conditions with the crop of experts that would be at the session.
Thu, Feb 29, 2024 10:03 Am.
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Sluggish Growth And Rising Inflation Have Increased Poverty From 40 Percent In 2018 To 46 Percent In 2023, Pushing An Additional 24 Million People Below.
Global growth is expected to be mild (2.9%) in 2024, driven by continued geopolitical tensions, weak trade, and lower business and consumer confidence.