A new survey released by Bloomberg has projected that Nigeria, China, the Philippines, Kenya, India and Indonesia will rank among the 20 fastest growing economies in world this year.

In an accompanying chart by the New York-based financial newswire service, Nigeria with an expected growth rate of 4.9 per cent was ranked sixth behind China (7 per cent), the Philippines (6.3 per cent), Kenya (6 per cent), India (5.5 per cent) and Indonesia (5.4 per cent).

Other countries that made the list of 20, dominated by emerging economies in Asia and Africa, include: Malaysia in seventh place, Peru, Thailand, United Arab Emirates (UAE), Kazakhstan, Colombia and Saudi Arabia.

Others are Taiwan, Turkey, South Korea, Poland, Mexico, Ireland and Singapore.

According to Bloomberg, “Emerging markets in Asia and Africa still reign supreme: They’re at the top of global growth projections over the next two years.

“The world is expected to grow 3.2 per cent in 2015 and 3.7 per cent next year after expanding 3.3 per cent in each of the past two years,” according to a Bloomberg survey of economists.

“China, the Philippines, Kenya, India and Indonesia, which together make up about 16 per cent of global gross domestic product, are all forecast to grow more than 5 per cent in 2015.”

By comparison, the United States (US) and United Kingdom (UK), which combined account for about a quarter of global growth, are expected to grow 3.1 and 2.6 per cent this year respectively, said Bloomberg.

Read full story
http://monitor9ja.com/2015/02/nigeria-listed-among-20-fastest-growing-economies/

Apc won't like this

Nigeria's economic growth does not translate to food on the table of ordinary Nigerians - New York Times

We will get to d promise land soon with d right people leading our economic and not some destructive agents of doom seeking power by all means

Good news #NeverAgain will GMB rule us

God bless President GEJ on this great achievement. I know we will surely get if we all work together in unity without parties division. This is a victory to all Nigerians - both PDP and APC alike. We can achieve much more if we remove politics of bitterness from our national goal. #TeamNeverAgain






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A fancy Statistics that has no impact on the Masses, except the President and his few cronies. We want Change.

egift:
A fancy Statistics that has no impact on the Masses, except the President and his few cronies. We want Change.

you go first pay in excess before conductor gi you shanshe. You neva gi conductor money sef you de hala. Kilo worry yeh!

we are now exchanging $1 dollar for #220

Faibuhari:
Good news #NeverAgain will GMB rule us

How market nah?