01899cas a2200241 a 4500 AALejournalIMF018322 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484345467 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Nigeria : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nigeria. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (98 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2018 Article IV Consultation highlights that the Nigerian economy is exiting recession but remains vulnerable. New foreign exchange measures, rising oil prices, attractive yields on government securities, and a tighter monetary policy have contributed to better foreign exchange availability, increased reserves to a four-year high, and contained inflationary pressures. Economic growth reached 0.8 percent in 2017, driven mainly by recovering oil production. Inflation declined to 15.4 percent year-over-year by end-December, from 18.5 percent at end-2016. Higher oil prices are supporting the near-term projections, but medium-term projections indicate that growth would remain relatively flat, with continuing declines in per capita real GDP under unchanged policies. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/063 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/063/002.2018.issue-063-en.xml IMF e-Library