PoliticsNigeria
A recent report by BMI, a Fitch Solutions company, forecasts Nigeria’s economic growth will reach 3.5% in 2025. However, weak Foreign Direct Investment (FDI) and low oil output are expected to continue hindering performance. According to the report, there will be a substantial decline in oil production due to underinvestment and challenges like oil theft…
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Tough times ahead as new report reveals Nigeria’s economy will underperform next year
A recent report by BMI, a Fitch Solutions company, forecasts Nigeria’s economic growth will reach 3.5% in 2025. However, weak Foreign Direct Investment (FDI) and low oil output are expected to continue hindering performance. According to the report, there will be a substantial decline in oil production due to underinvestment and challenges like oil theft…