Nigeria has been dropped from a shortlist of countries to watch in 2016 according to a CNN money report.

The new list of the economies to watch comprises; Rwanda, Tanzania, Ethiopia, Mauritius 

The report attributed weak currencies as the reason Africa’s No. 1 Economy Nigeria and giant South Africa did not make the list. Falling oil prices constituted a threat to Nigeria, it noted.

The CNN money report says that the list of economies to watch are from “unexpected places” which “are all showing promise with strong growth rates, albeit from a low base”.

CNN highlights that while most African countries have been impacted by slowing growth in China and the tightening of interest rates by the U.S. Federal Reserve, it’s not all gloomy.

Sub-Saharan Africa is still expected to clock in growth of 3.75% in 2016 and is still home to some of the fastest growing economies in the world.

The report comes as world leaders and business figures gather in Davos for the World Economic Forum.

While the aforementioned countries don’t have a big presence in Davos, “they are currently the most resilient economies in Africa”.

CNN money reported that Nigeria was one of the top three fastest growing Economies in the world alongside China and Qatar in 2015.

- See more at: http://www.thewhistleng.com/weak-currency-cnn-drops-nigeria-lists-rwanda-mauritius-as-countries-to-watch-in-2016/#sthash.rtveLBRX.dpuf

http://www.thewhistleng.com/weak-currency-cnn-drops-nigeria-lists-rwanda-mauritius-as-countries-to-watch-in-2016/

Buhari scoring really, really high

I created a similar thread a while ago with verifiable source. But the mod close it as soon as it started generating traffic.


Watch a zombie mod come and close this thread.



#shamelessness #everywhere

We threw away Goodluck and "cluelessness" and embraced Bubadluck and HEADLESS almajeri. Everything nose-diving since May 29th, 2015.

In the word of a wrestler by name king Barrett "I GOT A BAD NEWS"!!!!!

CHANGE... Buhari wey dey confuse carry PDP members dey do effizy and the entertained zombies dey clap for him but i believe with time e go clear for thier eyes and they might stone Buhari

Be as it may and with president Muhammadu buhari in control Nigeria will surely bounce back and stronger.

chanji ooooooooooooooooooooo
chanji is real
soon, zimbabwe will be better than the zoo
we already know
the zoo must fall
NNAMDI KANU 2015

Buhari talk say im dey fight coruption forget economy...which kain CHANGE bi dis?

While Jonathan brought good lucks, Buhari is bringing bad lucks.

PMB, keep pride aside. Go and beg Ngozi Okonjo to help you out. You and your entire team are helpless as to how to save the economy. Pride comes before a fall... You still have time.

HiddenShadow:
While Jonathan brought good lucks, Buhari is bringing bad lucks.

"Lucks"? Twice in one sentence? Na wah o, bros.

Meanwhile I read up there that Chinese economy is also contracting with lower growth rate than projected - just like Nigeria. Is Buhari also also affecting China?

DelGardo:


"Lucks"? Twice in one sentence? Na wah o, bros.

Meanwhile I read up there that Chinese economy is also contracting with lower growth rate than projected - just like Nigeria. Is Buhari also also affecting China?

stop comparing left and right.. The are 2 different directions. How e sound for your mouth sef?

This is good or bad depending on your perspective. It would be good for an entrepreneur. The likes of Dangote are smiling at this news because all they see is limitless opportunity for growth. Damn, I need to switch up soon.

DelGardo:


"Lucks"? Twice in one sentence? Na wah o, bros.

Meanwhile I read up there that Chinese economy is also contracting with lower growth rate than projected - just like Nigeria. Is Buhari also also affecting China?

Teacher Chike abi na Ayo. Tell Bubu to bring back our good luck we don't want his Change

The saints we've been waiting for.

dtruth3:
I created a similar thread a while ago with verifiable source. But the mod close it as soon as it started generating traffic.


Watch a zombie mod come and close this thread.



#shamelessness #everywhere

The APC Moderator in politics section must have done so

I weep for my dear country

Mr President must wake up and face the reality on ground. The country is sinking by the day.

IVORY2009:


The APC Moderator in politics section must have done so

Seems his wings has been clipped a little bit, no more banning sprees, cos Nairaland is currently having one of its lowest page views in a very long time, even most Frontpage threads now end on 2nd page, no more double figure pages. That's why Frontpage is being bombarded with news every minute.

Mr Seun, hypocrisy never pays.

naijaboy756:
stop comparing left and right.. The are 2 different directions. How e sound for your mouth sef?

Which one is left and right again? World economy is slowing down due mainly to fall in oil prices and weak demand for consumer goods. Our economic growth has always been linked to oil price so it is only natural that low Brent price will translate to lower growth rate for Nigeria. It has nothing to do with the president's economic acumen or lack of it. Dig?

Also economic growth does not mean much when the money earned from oil is stolen, shared among few politicians or spent on stuff like (I struggle to remember one thing Jona used money for) African first ladies' gathering in Abuja.

We have had higher growth rate than Canada in the last 8yrs but we are no where near them, using any measure of national or individual development index.

Now what's your point again?

APC - (Association of Proffessional Criminals)

Tochaigh:


Seems his wings has been clipped a little bit, no more banning sprees, cos Nairaland is currently having one of its lowest page views in a very long time, even most Frontpage threads now end on 2nd page, no more double figure pages. That's why Frontpage is being bombarded with news every minute.

Mr Seun, hypocrisy never pays.

I thought as much, for some weeks now, people have been complaining left, right and corner on how they were banish unceremoniously, this is unacceptable becos this is a public forum, where peeps are meant to air their views about happens in our society and Mr Seun is make money from advert placed here by top companies, he can not afford to loose those cash @ this time.

HiddenShadow:


Teacher Chike abi na Ayo. Tell Bubu to bring back our good luck we don't want his Change

Nwokem I gukwalu secondary school?. Change is here and we are loving it.

The End

When Nigeria was listed as one of the rising economy country by all these ivy league channel during the past administration, what was the impact on the citizens?
Only some useless and unrealistic economic curve with manufactured economic estimation by our finance ministry claiming our economy was growing.
CNN should go and rest in peace

HiddenShadow:
While Jonathan brought good lucks, Buhari is bringing bad lucks.

Economic good luck you intended?That has no visible impact on the citizens except diagrammatical projections?
May I ask what your own definition of robust economy is during GEJ era?

teadrake:
When Nigeria was listed as one of the rising economy country by all these ivy league channel during the past administration, what was the impact on the citizens?
Only some useless and unrealistic economic curve with manufactured economic estimation by our finance ministry claiming our economy was growing.
CNN should go and rest in peace

I'm shocked people didn't know we've been living in a bubble, the oil bubble. Now, bubble done burst eye done clear, wailing done start. To be fair to Jonathan, I doubt he could have fully diversified the economy given the time he had; on the flipside, however, he didn't do enough to get the ball rolling. Which, in reality, is a major reason he was booted out.

God go punish those zombies wey put us for this quagmire.

With NOI and GEJ, 9Ja economy was smiling, but the agent of body odour came with his Nepa bill and used the heads of some zombies to climb to power.

Zombies thunder fire una smelling as$ any day any time