Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,180,272 members, 7,910,475 topics. Date: Sunday, 04 August 2024 at 09:19 AM |
Nairaland Forum / Nairaland / General / Politics / Cnnmoney Rates Nigeria 'worst Performer In Africa' (676 Views)
We’re Inheriting Nigeria’s Worst Economy In History – Osinbajo / Cnnmoney Rates Nigeria ‘worst Performer In Africa’ / Cnnmoney: Nigeria The Third Fastest-growing Economy In 2015 (2) (3) (4)
Cnnmoney Rates Nigeria 'worst Performer In Africa' by minister2015: 7:29am On Mar 21, 2015 |
CNNMoney Rates Nigeria ‘Worst Performer In Africa’ AGENCY REPORTS, Friday Atufe — Mar 21, 2015 | 0 Comments CNNMoney has declared the country as the worst performing economy in Africa. According to the business analysis programme, the country is facing harsh economic realities and a rapid depletion of its reserves. “Nigeria’s currency is trading at a record low against the United States (US) dollar,” it said. “The stock market has slumped 15 percent this year –making it the worst performer in Africa – and financial reserves are being depleted.” In January, CNNMoney had ranked Nigeria next to China and Qatar in its rating of fast-growing economies – a survey based on International monetary fund (IMF) world economic outlook. “By our estimate, the fastest growing economies in 2015 will be China, Qatar and Nigeria. Nigerian economy, growing by 7.0 percent, came after China 7.3 percent and Qatar 7.1 percent,” CNNMoney said in January. The American business news outfit further said the country is experiencing a fall in its oil production capacity, political uncertainty and insurgency. “Nigeria is currently pumping about 1.8 million barrels of crude oil per day, making it OPEC’s 7th biggest producer – alongside Angola,” it added. |
Re: Cnnmoney Rates Nigeria 'worst Performer In Africa' by minister2015: 7:30am On Mar 21, 2015 |
leadership.ng/news/419081/cnnmoney-rates-nigeria-worst-performer-in-africa |
Re: Cnnmoney Rates Nigeria 'worst Performer In Africa' by minister2015: 7:31am On Mar 21, 2015 |
GEJ, NOI n TANoids over to U. |
Re: Cnnmoney Rates Nigeria 'worst Performer In Africa' by WisdomFlakes: 7:32am On Mar 21, 2015 |
Fear not and remain calm. Change is here. One week to go guys. |
Re: Cnnmoney Rates Nigeria 'worst Performer In Africa' by Nobody: 7:33am On Mar 21, 2015 |
And so? Do you know how much the Chinese yearn (dunno if I spelt it right) is to the dollar? That's how they keep rating China low while China is taking over the world economy. More cash going out means lower inflation. So leave us to grow at our pace. These Americans would try to hurt us and then turn around to judge us |
Re: Cnnmoney Rates Nigeria 'worst Performer In Africa' by WisdomFlakes: 7:35am On Mar 21, 2015 |
liberty300: Shat ap there! Now you are abusing the Americans. But when one of them says something unfavorable about the incoming President Buhari you will clap for them. |
Re: Cnnmoney Rates Nigeria 'worst Performer In Africa' by Nobody: 7:46am On Mar 21, 2015 |
Same people that said Nigeria has the 3rd largest growing economy in the world...lmao!! |
Re: Cnnmoney Rates Nigeria 'worst Performer In Africa' by saharachic(f): 7:54am On Mar 21, 2015 |
cnn is an APC channel. |
Re: Cnnmoney Rates Nigeria 'worst Performer In Africa' by Sunnybobo3(m): 7:55am On Mar 21, 2015 |
minister2015: I guess Ghana is not in Africa. |
Re: Cnnmoney Rates Nigeria 'worst Performer In Africa' by minister2015: 8:16am On Mar 21, 2015 |
The bitter truth: Nigeria state is in serious crises from economy to insecurity. Things are utterly falling apart, yet NOI keeps deceiving gullible nigerians that Nigeria is the biggest economy in AFRICA, hw possible is that with a power capacity of 4000MW. SouthAfrica has 45000MW generating capacity. |
(1) (Reply)
S / Amechi Regrets Joining The Party Of Insurgents, Rebels, Anarchists Etc. / If You Are CATHOLIC And Vote Buhari You Will Die After Election- Photo
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 18 |