NIGERIA Market Monitoring Bulletin - September 29, 2017

Post date Thursday, 12 October, 2017 - 10:10
Document Type Report, Monitoring Report
Content Themes Emergency Response, Resource Mobilization, Strategic Response Planning, Markets, Food Assistance, Food Security, Food Security Cluster
Sources Famine Early Warning Systems Network (FEWSNET), WFP

Key messages

Recent increases in oil revenues along with revenues from non-oil sectors such as agriculture, are gradually helping drive Nigeria’s economy out of recession. Major economic indicators continue to improve (positive GDP of about 0.55 in 2017Q2, increased foreign reserve levels, strengthening currency, and declining inflation)

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