Macroeconomic Forecast Nigeria

September 2008 | Macroeconomic Forecasts

The Central Bank of Nigeria recently released its updated Q208 growth figures for Nigeria, with growth revised up slightly from 6.6% y-o-y to 6.7% y-o-y. This follows 5.5% growth in Q108 and is in line with our own forecast for 2008 real GDP growth of 7.0%, given that we see growth picking up in Q308 and Q408 on the back of increased government expenditure.

If you would like to subscribe to West Africa Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to West Africa Monitor please click on the trial link below.