Nigeria’s large, brittle economy ekes out 2% growth

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.

The Money Show’s Bruce Whitfield interviewed Neville Mandimika, Africa Strategist at Rand Merchant Bank.

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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This article first appeared on 702 : Nigeria’s large, brittle economy ekes out 2% growth


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