IMF upgrades Nigeria’s economic growth forecast to 3.4%
The International Monetary Fund (IMF) has raised its economic growth forecast for Nigeria to 3.4% for the year 2025. This is a slight increase from its earlier estimate of 3.0% released in April 2025, showing some signs of progress in the Nigerian economy. In addition, the IMF also gave a better outlook for 2026. It […]
Nigeria’s Foreign Reserves Rise to $35.77 Billion – CBN
Nigeria’s external reserves have increased to $35.77 billion, up from $33.09 billion at the end of 2023. This information comes from the Central Bank of Nigeria’s (CBN) latest data on the country’s reserve movements. On July 8, Nigeria’s foreign reserves crossed the $35.05 billion mark and continued to rise, reaching $35.77 billion by Thursday. However, […]