Nigeria’s economy was a ‘disaster’ in 2016. Will this year be different?

Africa’s top oil producer is expected to return to growth this year after suffering its first contraction in a quarter century in 2016.

But there are precious few reasons for investors to cheer. The economic recovery is paper-thin, and the government has struggled to respond to attacks on oil pipelines. Billions have been spent to keep the country’s currency at artificially high levels.

Here’s a look at where Nigeria stands

Leave a Reply

Your email address will not be published.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