Nigeria’s 2021 Economic Report Card: Progress, Challenges, and Outlook

Economic Report Card

Nigeria’s economy showed endurance in 2021, recovering from the COVID-19 disruptions of 2020. However, the economy also faced challenges that hindered its growth. In February 2021, Nigeria exited its worst recession in 33 years, growing by 0.11%. This recovery beat analysts’ expectations and projections from the International Monetary Fund (IMF) and the World Bank. The […]