Nigeria is exiting recession but economy remains vulnerable – IMF

nigeria-booming-economy

Nigeria is exiting recession but its economy remains vulnerable, the International Monetary Fund (IMF) said on Friday, after conducting a review of Africa’s largest economy.

“Overall growth is slowly picking up but recovery remains challenging,” the IMF said in a statement about the review.

Macroeconomic and structural reforms remain urgent to contain any vulnerability, it said.

Agency Report