Emefiele, Dipeolu Insist Nigeria On Recovery Path As Economy Contracts By 0.5 Percent in Q1

[This Day] The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, and Special Adviser to the President, Economic Matters, Dr. Adeyemi Dipeolu, Tuesday assured Nigerians that the country would exit the biting economic recession sooner r…

[This Day] The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, and Special Adviser to the President, Economic Matters, Dr. Adeyemi Dipeolu, Tuesday assured Nigerians that the country would exit the biting economic recession sooner rather than later, stating that decelerating inflation and negative gross domestic product (GDP) growth, as well as increased capacity utilisation and agriculture output were all signs that the economy was on the path to recovery.

source: AllAfrica News: Nigeria