International Monetary Fund (IMF) said on Tuesday that Nigeria would contract in 2016, “lower than earlier growth projections as the country battles through foreign currency shortages as a result of lower oil receipts, low power generation, and weak investor confidence.”
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Onyinye Nwachukwu, Abuja
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more