We’re still to see a Nigeria that grows at a clip of five to seven percent...— Neville Mandimika, Africa Strategist - Rand Merchant Bank
The fragile Nigerian economy grew by 2.01% in the first quarter of 2019, down from 2.38% GDP growth in the fourth quarter of 2018.
Mandimika expects growth in Africa’s largest economy to tick up slightly during the rest of the year.
He expects interest rates to remain stable, despite there being a bit of room to cut.
For more detail, listen to the interview in the audio below.
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