Trade Balance

Trade Balance

The economy has been growing at progressively low rates: from 0.72% in 2017Q3 to 2.38% in 2018Q4 and 2.01% in
2019Q1. The IMF predicted in April 2019 that the Nigerian economy will grow by 2.1% in 2019 compared to the earlier
2.3% predicted in October 2018. The downward revision of economic growth expectation is on the back of Brexit uncertainty and prolonged trade war