Nigeria, Jan. 17 -- Nigeria's economy is expected to grow by 3.5% in 2025 and by a modest 3.7% in 2026, according to World Bank projections. This growth would be fuelled by gradual improvements in macroeconomic stability and greater activity in the services sector.
In the face of persistent domestic and international difficulties, these projections, which are covered in the World Bank's most recent Global Economic Prospects report, point to a gradual but steady recovery for Nigeria.
Strong performance in the services sector, particularly in financial and telecommunication industries, was the main driver of Nigeria's growth, which grew to an expected 3.3% in 2024.
The World Bank observed that the fiscal and macroeconomic changes made in...
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