How Nigeria can ride out its economic storm
Newsweek Sun, Apr 10 2:02 AM PDT
Nigeria, Africa’s largest economy, is at a critical juncture in
2016. While the future remains bright for the bellwether of African
growth, the next months and years will be characterized by significant
turbulence. After a decade of rapid economic growth that made the
country a go-to destination for global capital, investors are
increasingly questioning whether Nigeria will live up to its promise as
an awakening economic giant. The exuberance seen in 2015 following a
smooth political transition to the administration of President Muhammadu
Buhari, the corruption-fighting former general, has now dissipated. A
seemingly perfect storm of macroeconomic and localized problems has
created a grey cloud ...
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