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Nigeria Not Out Of Recession – Ex-CBN Deputy Gov, Moghalu
Former deputy governor of the Central Bank (CBN), in charge of Finance System Stability, Professor Kingsley Moghalu, has said contrary to claims by the Federal Government, Nigeria is not out of recession yet. Instead, Moghalu said the country’s economy is going through “economic contraction” which, according to him, will take Nigeria more years to overcome. After Nigeria slid into recession in …
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