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Nigeria Selected Issues

This Selected Issues paper examines the role of lower oil prices in the recent deterioration in Nigeria’s macroeconomic indicators, the impact on corporate and financial sector performance. and the forward-looking aspects of promoting job-intensive growth and strengthening state and local government...

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Bibliographic Details
Corporate Author: International Monetary Fund African Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2017
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Energy: Demand And Supply
Oil Prices
Banks
Finance
Labour; Income Economics
Public Finance & Taxation
Banks And Banking
Oil
Currency; Foreign Exchange
Financial Institutions
Micro Finance Institutions
Mortgages
Economic Sectors
Nonperforming Loans
Corporate Finance
Business Enterprises
National Government Expenditures And Related Policies: General
Labor
Expenditure
Foreign Exchange
Business Environment
Loans
Financial Institutions And Services: General
Expenditures, Public
Macroeconomics
Prices
Banking
Public Finance
Nigeria
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper examines the role of lower oil prices in the recent deterioration in Nigeria’s macroeconomic indicators, the impact on corporate and financial sector performance. and the forward-looking aspects of promoting job-intensive growth and strengthening state and local government finances. Although the slump in oil prices contributed to sluggish growth, the lack of foreign exchange weakened corporate performance, setting the stage for nonperforming loans. Structural reforms to improve the business environment can have a positive impact on growth, while fiscal reforms would help strengthen finances of subnational governments
Physical Description:57 pages
ISBN:9781475591910

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