Nigeria Heading Towards Economic Crisis

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Only those with thick skin and those who live low profile life will survive till the end of the year in Nigeria .The economy is heading to hit the rock .

Those in food business , IT & Telecommunication ,haulage and transportation will remain in business while a lot of businesses and production sites will be shut down between now and December .

Banks will prefer to keep deposits in CBN bills as lending to the public will be considered high risk .There will be low consumption, investment and savings in the next 6 months as all the economic indicators are tending towards negative signs

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