Wednesday, September 12, 2018
Advertisement

Investor confidence returning to Nigeria, says Adeosun

Investor confidence returning to Nigeria, says Adeosun
May 09
12:39 2017
Advertisement

‎Kemi Adeosun, minister of finance, says Nigeria’s economy is witnessing a positive turnaround.

The minister said this at the launch of the 2017 regional economic outlook for ‎Sub-Saharan Africa by the International Monetary Fund (IMF).

The launch took place in Abuja on Tuesday.

She said investor confidence was returning to the country owing to steps taken by the government to‎ refocus the economy on the path of growth.

‎”Investor confidence is returning and it is certain we will get out of recession soon,” she said.

She said 2016 was a difficult year for the country‎, but that now things were taking a turn for the better.

‎Making a presentation on the 2017 economic outlook for Sub-Saharan Africa, Aemro Selassie, director, African department at IMF, said, “the outlook is subdued with modest growth rebound”.

He said there was a need for macroeconomic stability, social protection and structural ‎reforms for African countries to stay on the path of growth.

‎He added that macroeconomic stability could be achieved through domestic revenue mobilisation, fostering economic diversification and greater financial stability.

RECEIVE ALERTS FROM THECABLE

BBM CHANNEL C0038F78B
WHATSAPP 08113975334
TWITTER @thecableng
Copyright 2018 TheCable. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from TheCable.
Tags
Advertisement

Social Comments

0 Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Write a Comment

Your email address will not be published.
Required fields are marked *

*

Advertisement
Advertisement

Exchange Rates

September 10, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement
Advertisement