Nigeria’s economic to grow by 3.2% in 2023 – IMF

The Bretton Woods institution which disclosed this in its World Economic Outlook Update (January 2023) report, noted that growth across sub-Saharan Africa will moderate at 3.8 per cent in 2023 amid prolonged fallout from the COVID-19 pandemic.

“In sub-Saharan Africa, growth is projected to remain moderate at 3.8 per cent in 2023 amid prolonged fallout from the COVID-19 pandemic, although with a modest upward revision since October, before picking up to 4.1 percent in 2024,” it said.

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