Lagos, May 12, 2025 (AFP) - Nigeria posts fastest GDP growth in decade: World Bank

NAMPA / AFP
2025-05-12
Nigeria's economy grew at the fastest rate in a decade last year, the World Bank said Monday, thanks to the reforms introduced by the government, but it warned inflation remains high. "Real GDP increased by 4.6 percent year-on-year in Q4 2024, pushing growth for the full year 2024 to 3.4 percent, the highest since 2014 (excluding the 2021-2022 COVID-19 rebound)," the bank said in a report published in the capital Abuja on Monday. It said the acc......
Restricted content

Latest NAMPA photos

OKAHANDJA, 12 May 2025 - Ovambanderu Chief Eben Tjozohongo II Nguvauva (middle) with Chief Kungairi Nguvauva of Botswana (L) and Senior Councillor Arnold Ripuree Tjozongoro (R) during the funeral of Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Ovambanderu Chief Eben Tjozohongo II Nguvauva (middle) with Chief Kungairi Nguvauva of Botswana (L) and Senior Councillor Arnold Ripuree Tjozongoro (R) during the funeral of Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

NAMPA
OKAHANDJA, 12 May 2025 - Popular Democratic Movement President, McHenry Venaani (L) questioned President Netumbo Nandi-Ndaitwah's absence from the funeral of war veteran, Gerson Katjirua in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Popular Democratic Movement President, McHenry Venaani (L) questioned President Netumbo Nandi-Ndaitwah's absence from the funeral of war veteran, Gerson Katjirua in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

NAMPA
OKAHANDJA, 12 May 2025 - Members of the Ovambanderu Traditional Authority are irked by the denial of an official funeral to Senior Councillor, Gerson Kunomundu Katjirua, who was buried at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Members of the Ovambanderu Traditional Authority are irked by the denial of an official funeral to Senior Councillor, Gerson Kunomundu Katjirua, who was buried at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

NAMPA
OKAHANDJA, 12 May 2025 - Freddy Ueriurika Nguvauva, the special advisor to the Supreme Council of the Ovambanderu Traditional Authority, speaking during the funeral of senior councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Freddy Ueriurika Nguvauva, the special advisor to the Supreme Council of the Ovambanderu Traditional Authority, speaking during the funeral of senior councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

NAMPA
ONGWEDIVA, 12 May 2025 - The 2025 Gabriel Taapopi Secondary School tournament was officially launched on Monday. (Photo: Maria David) NAMPA

ONGWEDIVA, 12 May 2025 - The 2025 Gabriel Taapopi Secondary School tournament was officially launched on Monday. (Photo: Maria David) NAMPA

NAMPA
WINDHOEK, 12 May 2025 - National Assembly Deputy Speaker, Phillipus Katamelo. (Photo: Contributed) NAMPA

WINDHOEK, 12 May 2025 - National Assembly Deputy Speaker, Phillipus Katamelo. (Photo: Contributed) NAMPA

NAMPA
WINDHOEK, 12 May 2025 - Erongo Governor, Neville Andre. (Photo: Contributed) NAMPA

WINDHOEK, 12 May 2025 - Erongo Governor, Neville Andre. (Photo: Contributed) NAMPA

NAMPA
OKAHANDJA, 12 May 2025 - Some members of the Ovambanderu Youth League and other mourners who paid tribute to Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua during his burial in Okahandja on Sunday (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Some members of the Ovambanderu Youth League and other mourners who paid tribute to Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua during his burial in Okahandja on Sunday (Photo: Zebaldt Ngaruka) NAMPA

NAMPA