Nigeria economic outlook 2025
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Afreximbank Warns External Shocks Threaten Nigeria’s Economic Outlook
Despite positive strides toward economic recovery and industrial self-reliance, Nigeria’s economy remains significantly vulnerable to external shocks, according to the latest Afreximbank Business Report released on Tuesday. The African Export-Import Bank projects that Nigeria’s Gross Domestic Product (GDP) growth will rise modestly from 3.4% in 2024 to 3.8% in 2025, buoyed largely by increased domestic […]
CBN: Broad Money Supply Rises to N119tn in April 2025
Nigeria’s broad money supply soared to a record N119.11tn in April 2025, according to new data released by the Central Bank of Nigeria (CBN), highlighting one of the sharpest expansions in recent quarters. The figure represents a 22.9 per cent year-on-year jump from N96.97tn in April 2024 and a 4.3 per cent increase from N114.22tn […]