GDP growth in Nigeria picked up to 3.5% y/y in Q2 as woes in the oil sector eased and the non-oil economy held up well. We expect the drag from the oil sector to diminish further in the coming quarters, but the recovery outside of the oil sector is likely to lose steam, weighing on headline growth.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.