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.

Source:http://nairausd..com/

Within this period of time.

God please let this election come and go so at least things will get better.

With the economic plan on ground,the Nigerian economy will bounce back after the elections whether the oil price is going up or down.All we have to do is to re-elect Jonathan.

fresh15:
With the economic plan on ground,the Nigerian economy will bounce back after the elections whether the oil price is going up or down.All we have to do is to re-elect Jonathan.

We pray oh!

[[s]quote author=ifyan post=31848764]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.

Source:http://nairausd..com/[/quote][/s]

source: fakenews.com.

KwoiZabo:
source: fakenews.com.

Continue deceiving yourself.

http://www.nigerianbulletin.com/threads/cnn-tags-nigeria-worst-performer-in-africa.109184/

http://www.nigeriatell.com/news/cnn-tags-nigeria-worst-performer-in-africa#.VQ24PvmsWJg

http://leadership.ng/news/419081/cnnmoney-rates-nigeria-worst-performer-in-africa

http://www.amazonherald.com/news/cnn-tags-nigeria-worst-performer-in-africa

http://bacladtvonline.com/2015/03/21/cnn-tags-nigeria-worst-performer-in-africa/

As long as it is CNN, i know the news is a fake news

golddust6000:
As long as it is CNN, i know the news is a fake news

But when CNN published that NIGERIA is the 3rd fastest growing economy in the world in 2015 we all praise them.

Why bro.

ifyan:


But when CNN published that NIGERIA is the 3rd fastest growing economy in the world in 2015 we all praise them.

Why bro.

I was about to say this.

ifyan:


But when CNN published that NIGERIA is the 3rd fastest growing economy in the world in 2015 we all praise them.

Why bro.

That's Nigerians for you, when you say something that favors them it's fine but when it dosent they'll claim it's because you hate them

Pinsure of the latest CNN MONEY rating or adonbilivit

aderonila18:

That's Nigerians for you, when you say something that favors them it's fine but when it dosent they'll claim it's because you hate them

This one of the major problem we are facing in the country.

We don't accept our fault or mistake,but try to blame others.

We live on self diyer(please correct me if my spelling is wrong).