IMF Downgrades Nigeria’s 2024 Economic Growth Forecast To 2.9%

LAGOS – The International Monetary Fund (IMF) has lowered its 2024 growth forecast for Nigeria’s economy to 2.9%, attributing the downgrade to weaker-than-ex­pected economic activity in the first half of the year. This was revealed in the IMF’s October 2024 World Eco­nomic Outlook (WEO), released during the ongoing annual meet­ings of the World Bank and […]