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Nigeria’s economy likely to shrink this year –IMF

Nigeria’s economy will most likely contract this year as energy shortages and the delayed budget weigh on output, the International Monetary Fund has said. “I think there is a high likelihood that 2016 as a whole will be a contractionary year,” the IMF Country Representative in Nigeria, Gene Leon, said. While the economy should look […] The post Nigeria’s economy likely to shrink this year –IMF appeared first on Punch Newspapers.
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Added July 11, 2016
from The Punch News