Search

Nigeria’s Current Growth Insufficient to Meet Year-End Target

  • Analysts warn Q1 growth of 2.98% may not achieve Nigeria’s year-end economic targets
  • High inflation, interest rates, and a weakened currency undermine economic stability.

 

Lagos, Nigeria – Analysts caution that Nigeria’s 2.98 percent GDP growth in the first quarter falls short of what’s needed to rejuvenate the economy and hit the government’s year-end target.

Recent Business

Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
Gold rally fuels $132mn Zimbabwe bet as Caledonia advances Bilboes project
Read More »
Dakar, Senegal © Unsplash
Senegal raises $254mn at higher yields in regional bond auction
Read More »
Gold mine. Photo by István Mihály @ Pixabay
Rwanda’s mining output rises 4.1% as modernisation drives jobs and exports
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights