Revealed! New Report discloses why Nigeria will become Africa's 4th largest economy

• Nigeria’s economy will reportedly lose its top spot as Africa’s biggest in 2024, a new IMF report says
• Nigeria will come fourth place on the continent behind South Africa, Algeria and Egypt as its gross domestic product declines
• The IMF says Nigeria’s naira devaluation is to blame for the decline in its GPD, which places it fourth on the continent

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

Nigeria’s economy, which is ranked as Africa’s largest economy in 2022, is predicted to fall to second place behind South Africa due to naira devaluation, according to the International Monetary Fund (IMF).

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