Nigeria’s projected current account deficit will remain at an average of 0.3 percent of Gross Domestic Product (GDP) in 2023–25 as a result of declining prices and stagnant oil production, the World Bank said in a new report.
A current account deficit refers to when the total value of goods and services a country imports exceeds the total value of exports.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2025 All Rights Reserved | Curated and Powered by Nigeria DNA
