December 22, 2017 / 3:37 PM / a month ago

Nigeria is exiting recession but economy remains vulnerable - IMF

ABUJA, Dec 22 (Reuters) - Nigeria is exiting recession but its economy remains vulnerable, the International Monetary Fund (IMF) said on Friday, after conducting a review of Africa’s largest economy.

“Overall growth is slowly picking up but recovery remains challenging,” the IMF said in a statement about the review.

Macroeconomic and structural reforms remain urgent to contain any vulnerability, it said. (Reporting by Paul Carsten; Editing by Alison Williams)

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