PwC Nigeria’s Post

2025 brings positive prospects of economic recovery for Nigeria. Expectations include tapered inflation, a stable exchange rate, and moderate economic growth, subject to sustained reforms and disciplined policy execution. Download our 2025 Economic Outlook for more insights: https://lnkd.in/dvCHZbhi PwC Nigeria #2025EconomicOutlook #NigeriaEconomy #PwCEconomicInsights

Stay ahead of Nigeria’s economic trends! Our latest Nigeria Macroeconomic Update, compiled by our researcher Onyinye Onuh, provides key insights into the country’s debt trends, inflation rates, capital importation and unemployment statistics. This edition examines critical macroeconomic indicators like the monetary policy rate and GDP growth, offering a clear snapshot of the forces shaping Nigeria’s economy. Read the full update: https://lnkd.in/dsNq2ykj #NigeriaEconomy #MacroeconomicUpdate #DataDrivenInsights #inflationtrends #EconomicIndicators

In case you missed it! 📊 Check out the latest edition of our Nigeria Macroeconomic Update, compiled by our researcher, Bello Muhammad Abdullahi, FMNES, for an insightful snapshot of the factors influencing economic trends. This month’s edition highlights Nigeria's inflation trajectory, labor force participation rate, and capital importation. Additionally, it emphasizes the dynamics of key macroeconomic indicators such as the monetary policy rate and GDP growth, among others. Stay updated, stay in the lead Read: https://lnkd.in/gr-Yq28C  #EconomicTrends #NigeriaEconomy #EconomicSnapshot #EconomicInsights 

In its latest economic outlook titled "Global Economy in a Sticky Spot," the International Monetary Fund (IMF) lowered Nigeria's 2024 real GDP growth forecast by 0.2% to 3.1%, citing weaker-than-anticipated economic activity in Q1 '24. This downgrade also led to a reduction in the growth forecast for sub-Saharan Africa. Conversely, the World Bank views Nigeria's macro-fiscal reforms positively and continues to provide financing packages to support these efforts, focusing on improving critical sectors and the welfare of citizens. #FBNQuestResearch

Check out the latest edition of our Nigeria Macroeconomic Update, compiled by our researcher, Bello Muhammad Abdullahi, FMNES, for an insightful snapshot of the factors influencing economic trends. This month’s edition covers Nigeria’s debt trends, inflation rates, stock market fluctuations, and unemployment statistics, with a focus on key macroeconomic indicators like the monetary policy rate and GDP growth, amongst others. Read: https://lnkd.in/d7RDUBgx #NigeriaEconomy #Macroeconomics #InflationTrends #EconomicIndicators

#OutNow: PwC’s Nigeria economic outlook for the second half of 2024! The significant economic reforms that began in 2023 have continued to deepen in 2024 with increased fiscal, monetary and sectoral policy actions to drive economic growth and stability. PwC’s report shares insights on the key economic dynamics of 2024, providing perspectives on their implications as well as the economic outlook for the second half of 2024. Read the outlook for more insight: https://pwc.to/3LdOIWy #NigeriaEconomicOutlook #EconomicAnalysis #EconomicReforms

FITCH REVISES OUTLOOK FOR NIGERIA TO POSITIVE Fitch's revision of Nigeria's outlook to positive reflects confidence in the economic reforms implemented under President Bola Tinubu, including subsidy cuts and currency adjustments. While challenges like high inflation persist, measures such as rate hikes aim to stabilize the economy. Nigeria's "B-" rating, while in junk territory, suggests room for improvement amidst ongoing reforms.Director, Research & Strategy at Chapel Hill Denham, Tajudeen Ibrahim joins joined us for this conversation https://lnkd.in/duSSz5ac

Inflation, low productivity major economic threats – NESG. The Chairman of the Nigerian Economic Summit Group, Niyi Yusuf, has advocated for urgent sectoral reforms as Nigeria faces a tough road ahead. He pointed out that inflation, high interest rates, and sluggish sector growth continue to challenge economic stability and might linger this year if not adequately tackled. Yusuf offered an assessment of Nigeria’s Read More https://lnkd.in/dpKixYBr

🌍 2025 Economic Trends in Nigeria: A Year of Possibilities and Challenges 💼 As we step into 2025, Nigeria's economic landscape is poised for transformation. With key shifts in inflation, monetary policies, exchange rates, and sectoral growth, it's crucial for businesses, professionals, and policymakers to stay ahead of the curve. This year presents both opportunities and challenges that require strategic insights and adaptability. Whether you're navigating the complexities of a post-reform economy, exploring innovative solutions, or positioning for long-term growth, understanding the trends shaping Nigeria’s economy is non-negotiable. #EconomicTrends2025 #NigeriaEconomy #StrategyAndInsights

Recent events highlight the significant impact of fiscal policies on Nigeria's economy. Despite its past status as Africa's largest economy, the Naira devaluation in 2023 saw Nigeria drop to third place, behind Egypt and South Africa. While the IMF forecasts a GDP growth of 3.34% in 2024, it also anticipates Nigeria slipping to the fourth-largest economy by year-end 2024. This shift highlights the vulnerability of Nigeria's economy to external factors and the importance of effective fiscal management to sustain Nigeria's economic competitiveness and growth trajectory. #FBNQuestResearch