Nigeria Economic Update Issue 1
In this document several aspects regarding the Nigerian economy is explored. Firstly, under the heading: Economic Growth - the increase of the GDP growth rate is discussed. Energy, Oil and gas, talks about the decline of the OPEC weekly basket price among other. Under the next heading : Inflation - the drop in the inflation rate is briefly reviewed. Monetary Policy, discusses the reduction of the Monetary Policy Rate by the apex bank, External Reserve, talks about the decline of the natural reserve toward November 2015. Employment - briefly explores the creation of more than 480 000 jobs. Lastly, under the heading: Stock Market - the article briefly reviews the bearish position indicated by the market indices.