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

…tasks FG to raise adult literacy rate, provide 4m jobs annually


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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