Wednesday, 5 October 2016

Nigeria’s Economy to Shrink 1.3% in 2016 as Dollar Shortages Persist

ABUJA  – Nigeria’s economy is likely to shrink 1.3 percent in 2016, the National Bureau of Statistics executive said on Wednesday, a sharp downward revision of its estimates he said was prompted by sharp falls in the naira after dollar peg was dropped. The NBS had predicted the Nigerian economy to grow 3.8 percent in […]

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