The company has also announced plans to exit property advisory services and focus more in real estate development. Its overall contribution to total real GDP for the year declined to 6.6 percent compared to 6.85 percent in 2017. It recorded annual real GDP growth of 2.33 per cent for 2018, an improvement on 1.0 per cent annual growth of 2017. Real estate development for sale remained sluggish throughout the year. In another April 2019 Report, the IMF projected a real GDP growth of 2.1 percent for Nigeria in 2019 and 2.5 percent in 2020.

Source: The Guardian June 24, 2019 01:52 UTC