Border reopening, FX liberalisation seen lifting retail sector out of recession

November 26, 2020

Inflationary pressure, others slow trade sector’s growth in Q2

Rising prices and the high cost of Foreign Exchange (FX) are factors responsible for the slow growth of Nigeria’s trade sector

Border reopening, liberalisation of foreign exchange (FX) market, improvement of infrastructure and good policies have been identified as some of the policies that can lift the wholesale and retail trade sector, Nigeria’s second biggest sector by output contribution, out of recession. BusinessD

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