Friday, May 13, 2016

Video - Nigeria features highly at World Economic Forum in Africa

Nigeria featured highly at the World Economic Forum on Africa in Kigali, Rwanda, and the focus has been on boosting growth. From an average yearly growth of around 7% over the last decade, the collapse of oil prices and a fixed currency peg has seen growth fall to around 3% in 2015, and the IMF is forecasting GDP growth of just 2.3% in 2016. Ramah Nyang spoke to Standard Chartered's Head of Africa Research, Razia Khan, about the policies Nigeria needs to re-start growth.

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