Nigeria's leading finance and market intelligence news report.

Lebanese crisis may foretell Nigeria’s fiscal fate 

...if needed reforms don’t happen

If there is one thing Nigeria can learn from the small matter of Lebanon’s economic crisis, it is that paying over the top to attract foreign portfolio investors could quickly backfire and prove damaging for the economy. Economists have said 2020 is likely to register Lebanon’s first economic contraction in 20 years, with some saying…



Subscribe to BusinessDay for just N500 per month to read full article

Comments are closed, but trackbacks and pingbacks are open.