Mabs Concept Resources

Comparing the removal of a fence for road expansion to the destruction of businesses worth billions of Naira is an unfair comparison made only by ignorant and brainless people.

Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF

Nigeria records 2.54% GDP growth rate in Q3 2023

Nigeria is projected to slip to the fourth largest economy in Africa in 2024, behind South Africa, Egypt, and Algeria, according to IMF forecasts for April 2024.

Nigeria which has held the title of “Africa’s largest economy” since the GDP rebasing in 2013 is projected to have a total GDP of $253 billion in 2024, primarily due to the devaluation of the Naira.

According to IMF forecasts, South Africa will be Africa’s largest economy with a GDP of $373 billion, followed by Egypt with $348 billion, and Algeria with $267 billion.

Mabs Concept Resources