• About
  • Advertise
  • Contact
Wednesday, September 17, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Economy

IMF Projects 0.2pct Drop In Economic Growth Rate Of Nigeria In 2025

Vital News by Vital News
April 22, 2025
in Economy
0
IMF Projects 0.2pct Drop In  Economic Growth Rate Of Nigeria In 2025
Share on FacebookShare on Twitter

The International Monetary Fund (IMF) has projected that Nigeria’s economy will grow by 3.0 per cent in 2025, this is according to its latest World Economic Outlook report released on Tuesday.

However, the current Medium Term Expenditure Framework (MTEF) forecasts the economy to grow at 4.6 per cent in 2025, yet with targets of the last ten years missed by an average of 41.57 per cent, this may become another hopeful projection.

The organisation also projects a 2.7% growth rate for the country in 2026.

The global financial institution noted that while Nigeria faces significant challenges, particularly with inflation, forex volatility, and weak infrastructure.

It furthered that recent policy adjustments, such as the partial unification of exchange rates and removal of fuel subsidies, could enhance investor confidence and stimulate economic activity if properly implemented.

RelatedStories

How Our Refinery Ended 50 Years Of Fuel Queues In Nigeria – Dangote

Dangote Industries Ltd. Expresses Readiness To Sponsor 2025 Abuja Trade Fair

Mrs Tinubu Launches N25mln Women Empowerment Programme In Kogi

Tax ID Mandatory Only For Taxable Persons In Trades, Businesses For Income Generation – FG

The new forecast represents a 0.2 percentage point reduction from the Fund’s previous projection of 3.2%.

According to the report: “For sub-Saharan Africa, growth is expected to decline slightly from 4.0% in 2024 to 3.8% in 2025, before recovering modestly to 4.2% in 2026.

“Among the larger economies, the growth forecast for Nigeria is revised downward by 0.2 percentage point for 2025 and 0.3 percentage point for 2026, owing to lower oil prices.”

The IMF also noted similar economic pressures affecting other major African economies: “In South Africa, the growth forecast is revised downward by 0.5 percentage point for 2025 and 0.3 percentage point for 2026, reflecting slowing momentum from a weaker-than-expected 2024 performance, deteriorating sentiment due to heightened uncertainty, intensification of protectionist policies, and a deeper slowdown in major economies.”

In a more drastic revision, the IMF also slashed South Sudan’s 2025 forecast: “South Sudan has a downward revision of 31.5 percentage points for 2025 due to delays in resuming oil production following damage to a key pipeline.” (vitalnewsngr.com)

Tags: EconomyIMFNigeriarate
Previous Post

Pope Francis For Burial Saturday, April 26

Next Post

FG’s Naira-for-crude Policy, Lasting Solution To High Cost Of Living -TMSG

Vital News

Vital News

RelatedStories

How Our Refinery Ended 50 Years Of Fuel Queues In Nigeria – Dangote
Economy

How Our Refinery Ended 50 Years Of Fuel Queues In Nigeria – Dangote

September 15, 2025
Dangote Industries Ltd. Expresses Readiness To Sponsor 2025 Abuja Trade Fair
Business

Dangote Industries Ltd. Expresses Readiness To Sponsor 2025 Abuja Trade Fair

September 15, 2025
Mrs Tinubu Launches N25mln  Women Empowerment Programme In Kogi
Business

Mrs Tinubu Launches N25mln Women Empowerment Programme In Kogi

September 12, 2025
Tax ID Mandatory Only For  Taxable Persons In Trades, Businesses For Income Generation – FG
Economy

Tax ID Mandatory Only For Taxable Persons In Trades, Businesses For Income Generation – FG

September 12, 2025
FCCPC Recovers N10 billion For Consumers, Resolves 9, 091 Complaints In Five Months
Economy

FCCPC Recovers N10 billion For Consumers, Resolves 9, 091 Complaints In Five Months

September 11, 2025
Next Post
NNPCL Unveils New Senior Management Team

FG's Naira-for-crude Policy, Lasting Solution To High Cost Of Living -TMSG

FG Appoints Eight Deputy Corps Marshalls For FRSC

FRSC Confirms 6 Dead, 5 Injured In Kogi Multiple Road Accident

Terrorists Kill 20 Nigerian Soldiers In Attack On Military Camp In Borno

RSM Condemns Killings In Benue, Plateau, Suggests Community Policing To Protect Locals

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Why Nigeria’s Education Policy Should Be Reviewed Now – British Charity To FG

Why Nigeria’s Education Policy Should Be Reviewed Now – British Charity To FG

2 years ago

Appeal Court Establishes Special Panel To Resolve Rivers State’s Political Disputes

10 months ago
Again, Dangote Industries Limited, Emerges Most Valuable Brand in Nigeria

Dangote Group Remits N402.3bln Tax To Govt In 2024

6 months ago
Ododo Harps On Unity, Compassion At Eid-el-fitri

Ododo Harps On Unity, Compassion At Eid-el-fitri

6 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Kidnappers Release Kogi Catholic Priest, Rev. Fr. Ezeamba

Our CNG Drivers Enjoy Life Insurance, Housing Loans, Earn Three Times The Minimum Wage – Dangote Refinery

President Tinubu Returns To Abuja

Anti-graft Group, YPU, Decries Disrepair State Of Hospitals, Roads In Yobe In spite Alleged Release Of N1 trillion

Your Allegation Of Cheaper Petrol Sales In Togo Misleading, Inaccurate – Dangote Refinery To DAPPMAN

NNPCL GCEO, Ojulari Calls For Stronger African Collaboration To Achieve Energy Security

Trending

Dangote Cement, Jakura Community, Sign Landmark Development Agreement In Kogi
Environment

Dangote Cement, Jakura Community, Sign Landmark Development Agreement In Kogi

by Vital News
September 17, 2025
0

There were jubilations on Wednesday Sept 17, 2025, as Dangote Cement Plc, Obajana Plant, and the Jakura...

GSF Publisher, Lawal Sale, Bags Silk Road Global News Award In China

GSF Publisher, Lawal Sale, Bags Silk Road Global News Award In China

September 17, 2025
BHPF : President Tinubu Approves Immediate Release Of N29,284,145,353.78 To 36 States,FCT

Tinubu Lifts Emergency Rule In Rivers, Fubara, Deputy, Speaker Resume Tomorrow, September 18

September 17, 2025
Catholic Priest Kidnapped In Kogi

Kidnappers Release Kogi Catholic Priest, Rev. Fr. Ezeamba

September 17, 2025
Our CNG Drivers Enjoy Life Insurance, Housing Loans, Earn Three Times The Minimum Wage – Dangote Refinery

Our CNG Drivers Enjoy Life Insurance, Housing Loans, Earn Three Times The Minimum Wage – Dangote Refinery

September 17, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Dangote Cement, Jakura Community, Sign Landmark Development Agreement In Kogi September 17, 2025
  • GSF Publisher, Lawal Sale, Bags Silk Road Global News Award In China September 17, 2025
  • Tinubu Lifts Emergency Rule In Rivers, Fubara, Deputy, Speaker Resume Tomorrow, September 18 September 17, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In