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Weak Currency: CNN Money Drops Nigeria; Lists Other Countries To Watch In 2016 - Business - Nairaland

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Weak Currency: CNN Money Drops Nigeria; Lists Other Countries To Watch In 2016 by Okimski(m): 7:58pm On Jan 21, 2016
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.

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

Re: Weak Currency: CNN Money Drops Nigeria; Lists Other Countries To Watch In 2016 by juventino: 8:03pm On Jan 21, 2016
Lalasticlala, come and see them oooo. After all they will say Jona did nothing
"Fastest growing economy in 2015". I wonder what they will say about Booboo in 2016.

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Re: Weak Currency: CNN Money Drops Nigeria; Lists Other Countries To Watch In 2016 by Bagwellz(m): 8:05pm On Jan 21, 2016
undecided OK

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Re: Weak Currency: CNN Money Drops Nigeria; Lists Other Countries To Watch In 2016 by Okimski(m): 8:11pm On Jan 21, 2016
Please as we are fighting corruption lets look at how we can diversify our economy, we all should know that recovered funds cannot put food on our tables
Re: Weak Currency: CNN Money Drops Nigeria; Lists Other Countries To Watch In 2016 by TopWinner(m): 8:12pm On Jan 21, 2016
The promise of change now turning to a change of promise.
Way to go Mr. President!

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Re: Weak Currency: CNN Money Drops Nigeria; Lists Other Countries To Watch In 2016 by TopWinner(m): 8:12pm On Jan 21, 2016
The promise of change now turning to a change of promise.
Way to go Mr. President!

2 Likes

Re: Weak Currency: CNN Money Drops Nigeria; Lists Other Countries To Watch In 2016 by ipledge10(m): 8:14pm On Jan 21, 2016
Ok
Re: Weak Currency: CNN Money Drops Nigeria; Lists Other Countries To Watch In 2016 by melvinjames: 8:27pm On Jan 21, 2016
This Bubu man has finished this country, he could have done it earlier but God refused to let him win the election, seems satan helped him win in 2015.

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Re: Weak Currency: CNN Money Drops Nigeria; Lists Other Countries To Watch In 2016 by Blackkie: 11:49pm On Jan 21, 2016
How I wish Gen. Buhari can do a magic to change the situation of things.

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