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IMF ranks Nigeria biggest economy in Africa, 26th in the world

Reading Time: 2 minutes Image Credits: Olusegun Aderogba/Shutterstock.com. Nigeria stands as the number one country in Africa in the International Monetary Fund (IMF) 2020 World Economic Outlook’s ratings of countries. Using countries’ GDPs, IMF ranked Nigeria among the first 26 countries in the world in the same position with an average 442,976 million U.S. dollars. Countries are sorted by Read More…

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Sub-Saharan Africa economy will recover by 3.1% in 2021 – IMF

Reading Time: 4 minutes Image Credits: Waldo Swiegers/Bloomberg, One Acre Fund. The International Monetary Fund (IMF), says economic activity in sub-Saharan Africa is projected to recover by 3.1 per cent in 2021 after declining by 3.0 per cent in 2020. Mr Abebe Selassie, the Director, IMF’s African Department said this at the launch of the “Regional Economic Outlook for Read More…