International Monetary Fund (IMF) says the Nigerian economy is recovering from a historic downturn benefitting from government policy support, rising oil prices and international financial assistance. IMF disclosed this in a statement issued from its headquarters in Washington D.C. on Monday.
The organisation said Nigeria exited the recession in fourth quarter 2020 and output rose by 4.1 per cent (year-on-year) in the third quarter, with broad based growth except for the oil sector, which is facing security and technical challenges…
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