Nigeria sees surprise exit from recession in Q4

…grew 0.11% in Q4, with full year at -1.92%
…beats IMF and World Bank estimates

In what came as a surprise yesterday, Nigeria’s economy exited recession, beating analysts’ expectations as well as projections from the International Monetary Fund (IMF) and the World Bank, all of which pointed towards an exit at the end of 2021. Even the Federal Government had predicted that the economy would exit recession in the first…

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