Slow growth, dual FX rates, macro stability top investors’ concern about Nigeria – RenCap

Slow growth, dual FX rates, macro stability top investors’ concern about Nigeria – RenCap

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Foreign investors seeking to pump dollars into the Nigerian economy are confronted with three major challenges bordering on slow pace of the country’s economic growth, multiple exchange rates and macro-economic stability across board. These bottlenecks are hurting their investment decisions, exacerbating worries in their hearts on whether Africa’s second-largest economy (supposing the market-determined rate of…

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