Businesses see red flag as consumers’ confidence declines

by | May 3, 2016 12:41 pm

These are not the best of times for businesses in Nigeria, as non passage of the 2016 budget, rising inflation, weakened disposable income and no-clear economic direction of the government have combined to impact negatively on consumers’ confidence, forcing them to re-prioritise their consumption expenses. Consumer confidence index plunged in the second half of 2015,…

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