Nigeria's economy demonstrated positive momentum in 2024, with the Gross Domestic Product (GDP) growing by 3.19% year-on-year in Q2, up from 2.51% in the...
One of the reasons for the economy performing poorly is the cash crunch that affected economic activities in the country for about a month during the quarter. Agricultural activities were not safe and were even likely more heavily impacted as most of the transactions in this sector are done with cash.