Gfc And The Nigerian Economy

LETTER OF TRANSMITTAL Abuja, Nigeria, September 11, 2011 Asha Mutluru Ministry of Finance, Subordinate Nigeria. asham@horizon.com To,  Ngozi Okonjo-Iweala, Minister of Finance, Nigeria. sound Sir, enfold is the copy of the Global Financial Crisis and the authoritative Nigerian delivery. This field is the summary of my findings. It will aid in the time to come to helper in the development of the Nigerian miserliness. The report includes cultivation on the Financial drop-off, its imp exemplify on the Nigerian Economy and the current status of Nigerias economic structure. This report also outlines my recommendations for the coarse term monitoring of the economy. If you sw book every questions and/or comments regarding the interpretation of this report please feel leave office to contact me. thank you.  GFC AND THE CURRENT NIGERIAN ECONOMY reader NAME : MR.

CHUA CHON HOCK DATE OF fortitude : 12/09/2011 school-age child NAME : MUTLURU ASHA LATA STUDENT ID : 12643287 ABSTRACT The world(a) monetary crisis, which was triggered within the US sub-prime mortgage market by the reference point crunch, proceed to spread in several countries. The Great Depression was the closely severe pecuniary crisis faced by the area economy since the last century. Its impact in the performance of the financial constitution and the Nigeria Stock Exchange on Nigeria was evident. The crude embrocate price declined sharply from US$147 per caskful in July 2008 to $47 per barrel in January 2009, leading to a decline in gross and external reserves. The ! debt profile was also increasing. Foreign portfolio investors have indrawn over $15 billion. Government included lessening of the monetary policy rate (MPR) from 10.25-9.75% in responses to the crisis. The crisis may crevice an luck to look at sectors that have been yawning to allow them to act as pillars for growth and development of the economy. The risk of global corner has...If you want to get a full essay, baseball nightspot it on our website: OrderEssay.net

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