November 25, 2024/Cordros Report Based on the recently released GDP report by the National Bureau of Statistics (NBS), Nigeria’s economy maintained its positive growth trajectory in Q3-24, growing by 3.46% y/y (Q2-24: +3.19% y/y). The growth rate was primarily driven by the non-oil sector, reflecting strong gains in the services […]
OPINION/EDITORIAL
Nigeria Sustains Positive Growth Momentum as GDP Grew by 3.46% Y/Y in Q3-24
November 25, 2024/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s economy maintained its growth momentum in Q3-24, with real GDP growing by 3.46% y/y (Q2-24: +3.19% y/y). The growth outturn is 50bps and 60bps higher than Cordros’ (+2.96% y/y) and Bloomberg’s median consensus (+2.86% y/y) estimates, respectively. […]
How Vanuatu Can Return to Sustainable Growth After Airline Bankruptcy
(Credit: Samantha Bailey/iStock by Getty Images) November 25, 2024/IMFBlog Vanuatu, the Pacific archipelago nation of about 350,000 people between Australia and Fiji, finds itself at a crucial crossroads. The IMF’s recent staff report on Vanuatu reveals an economy grappling with a series of shocks: two destructive tropical cyclones last year; the fallout […]
