Author Archive for: Gloryrdmc

*World Bank Report on Nigeria Economy* The World Bank has said Nigeria’s economy is projected to grow by2. 4 per cent in 2021. This is an increase in the bank’s earlier growth projection of 1.8 per cent made in January this year. … According to the report, the projected growth in Nigeria is driven by growth in the service sectors

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BUSINESS Capital Inflow Crashes By 80%, As Foreign Investors Shun Nigerian Market Capital inflow to Nigeria has crashed by 80 per cent in two years, the Central Bank of Nigeria (CBN) reports have indicated. Specifically, capital inflow to Nigeria fell from $17.1bn in July 2019 to $3.4bn in July 2021. The apex bank reports showed that Nigeria recorded $17.1bn capital

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