Nigeria’s economy, which ranked as Africa’s largest in 2022, is set to slip to fourth place this year after a series of currency devaluations, International Monetary Fund forecasts show. The IMF’s World Economic Outlook as reported by Bloomberg, estimated the country’s gross domestic product at $253 billion based on current prices this year, behind North
IMF forecasts Nigeria’s economy drop to fourth largest in Africa
Nigeria’s economy, which ranked as Africa’s largest in 2022, is set to slip to fourth place this year after a series of currency devaluations, International Monetary Fund forecasts show. The IMF’s World Economic Outlook as reported by Bloomberg, estimated the country’s gross domestic product at $253 billion based on current prices this year, behind North…
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