Naijaa posted Global economic growth for the outgoing year 2024 was projected at 3.2 percent, and against predictions, our country ma...

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Naijaa

@Naijaa News Feed

Global economic growth for the outgoing year 2024 was projected at 3.2 percent, and against predictions, our country made significant progress. The Nigerian economy grew by 3.46 percent in the third quarter of 2024, up from 2.54 percent in the third quarter of 2023. Our Foreign Reserves now stand at nearly 42 billion US dollars, providing a robust buffer against external shocks. Our rising exports are reflected in the current trade surplus, which now stands at 5.8 trillion naira, according to the National Bureau of Statistics. These clear results of gradual recovery, among others, reflect the resilience of our economy and the impact of deliberate policy choices we made from the outset.

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19 December,2024

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