The State of the Economy in the last 3 months.
1. Zenth bank sacked 1, 200 staff
2. Access bank sacked 800 staff
3. Skye Bank sacked 400 staff
4. Unity Bank sacked 320 staff
5. Construction industry sacked 60, 000 workers
7. Nigeria Stock market has lost over N3 trillion in the last 3 months
U8. Foreign investors have withdrawn over N400 billion from the stock market.
9. Unemployment rises by over 69% in the last three months
10. JP Morgan delisted Nigeria with over N310 Billion lost in 24 hours
11. GDP dropped from 6.1% projected in 2015 to 4.5%
12. Ethiopia and Kenya overtook Nigeria as Africa's number one and two for FDI, within the last three months.
13.Naira is on a free fall. It exchanges N222, N350 and N256 against the Dollar, Pounds and Euro respectively.
14. Companies are closing down, others are downsizing so as to survive.
15. Inflation rate has hit 10.1%.


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