Nigeria Heads Toward Recession

Nigeria’s central bank governors are meeting amid a gloomy financial outlook for Africa’s largest economy. Numbers released last week show the country's economy contracting. Economists blame a shortage of fuel, persistent power outages and a fall in the production of Nigeria’s top moneymaker, oil.   Nigeria is heading for a recession.   That’s what analysts say after the National Bureau of Statistics announced the economy contracted by about four-tenths of a percent in the...

© La Voix de l'Amérique - lundi 23 mai 2016