Post by Proshare (@Proshare)
Nigeria's stock market has hit a record N160.91trn, yet consumer spending is falling, unemployment is rising, and dollar GDP has declined by $38.97bn since 2023. In this detailed analysis, Teslim Shitta-Bey lays bare the growing gap between a thriving financial sector and a struggling real economy.
The prescription? Cut the CBN's Cash Reserve Ratio from 45% to 25%, lower lending rates, and shift policy focus decisively from stabilisation to transformation. The goal: 7% GDP growth by 2027 and a credible path to a $1trn economy by 2030.
https://proshare.co/articles/a-troubling-gap-why-nigerias-financial-and-real-sectors-are-out-of-sync-and-how-to-fix-it?menu=Economy&classification=Read&category=Nigeria
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