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The International Monetary Fund forecasts predict that Nigeria, once dubbed Africa’s largest economy, is set to relinquish its crown and slide to fourth place this year. Nigeria, once dubbed Africa’s largest economy, is set to relinquish its crown and slide to fourth place this year.Egypt, which held the top position in 2023, is expected to drop to second place behind South Africa, primarily due to a series of currency devaluations.Nigeria’s gross domestic product is estimated at $253 billion based on current prices this year.Egypt, which held the top position in 2023, is expected to drop to s…

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