Economics

Mastercard say Nigeria GDP go grow 2.9%

todayMarch 25, 2025 767 88 4

Background
share close

Nigeria Economy Go Grow By 2.9% for 2025, Mastercard Report Tok

Nigeria economy go grow by 2.9% for 2025, small small below di global average wey be 3.2%, na wetin di Economic Outlook 2025 report from Mastercard Economics Institute tok.

Even as wahala still dey, like high price for market (inflation), di report wey dem see on Wednesday show say Nigeria still get strong mind because money wey people dey send from abroad (remittance) still dey help families balance, make dem fit buy wetin dem need.

Dem expect say Nigerians go spend reach 6% more for 2025, even as price for market still dey high, wey fit make life hard for both business and families.

Di report still talk say even as inflation never gree calm down, Nigeria dey use di power of di people (human capital) and money wey dey come from abroad to hold body and push di economy go front.

Na so Nigerian economy dey show say e sabi adapt wella even as di world and Africa dey change. Di report talk say money wey people send come from abroad help many families buy wetin dem need, e still help manage di wahala wey inflation dey cause.

Di Chief Economist for EEMEA, Mastercard, Khatija Haque, yarn say, “Di way Nigeria economy go be for 2025 dey show say di country strong well and e fit grow, sake of di money wey people dey send from abroad and how people dey spend.”

All dis matter show say e dey important make dem help people enter financial system well and find way take reduce di way price of things dey rise, so di country fit grow well.

“The Country Manager and Area Business Head for West Africa, Folasade Femi-Lawal, talk say, ‘Money wey people send go back home na big help for economy, and Mastercard Nigeria dey work to make contactless payment easy. We wan make transactions simple, secure, and cheap. Our plan na to help build financial system wey go carry everybody along, so payment go dey smooth and safe to support Nigeria economy wey dey shine.'”

Written by: admin

Rate it

WHO WE ARE

We no be just radio, we be your guy, your gist partner, your street connect! With compassion, community, and comedy, we bring you vibes wey go make sense.

We dey kind for heart, on-time with the gist, near to the people, family by nature, always available, and plenty more!

Anywhere you dey, anytime, Konfam dey for you!

 

listen with your app