Why Nigeria is trapped in low growth path ― Moody

0
10

Moody’s Investors Service, a global credit rating agency, has revealed why Nigeria’s economy is somewhat trapped in a low growth path.

The rating agency alarmed that even though there was a 1.1 per cent increase in growth in 2018 that recorded 1.9 per cent against the 0.8 per cent recorded in 2017. “This growth level remains insufficient to markedly improve Nigerian living standards,” The Vice President-Senior Credit Officer, Sovereign, Aurelien Mali said.

Continue reading Why Nigeria is trapped in low growth path ― Moody at Vanguard News.