Despite challenges faced by the Nigerian economy recovering from recession, experts within the financial and investment sector has expressed optimism in the growth of business activities in the country. The experts who gathered at the ninth yearly Pan-Africa 1:1 investor conference organized by Renaissance Capital in Lagos on Wednesday, said for Nigeria to maintain macro stability there is need to increase revenue allocation. He identified drivers of the economy to include improved external environment and the continuing stability of agriculture. The easing of monetary policy, we have seen quite a number of central banks moving towards that direction. We have seen the ease in Ghana, Kenya have policy rate cut over the past 12 months,” she said.

Source: The Guardian May 18, 2018 04:30 UTC