Analysts see higher oil output, GDP, external reserves in 2018

Analysts see higher oil output, GDP, external reserves in 2018

Five economists polled in a BusinessDay survey expect the Nigerian economy to expand an average of 1.5 percent in 2018, while tipping external reserves to slightly surpass current levels even as they predict a cut in interest rates by two percentage points. Yvonne Mhango, sub-Saharan Africa chief economist at Moscow-based investment bank, Renaissance Capital, sees…

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