Nigeria’s GDP
expanded by 1.81% in the third quarter which represents an encouraging 0.31%
rise from the 1.50% achieved in Q2. Although the primary driver behind the
economic expansion was rising oil production and elevated oil prices, signs of
Non-Oil sectors contributing to growth is a welcome development. With the
Non-Oil sector growing by 2.32% in real terms during Q3, Nigeria continues to
showcase to the global arena that it remains on a quest to break away from oil
reliance.
With economic
growth expected to gain momentum next year on the back of increasing government
spending ahead of the presidential elections, Nigeria’s outlook remains
encouraging. OPEC’s deal to cut oil production by 1.2 million barrels a day is
seen offering near-term support to oil – a scenario that will most likely
support Nigeria’s government revenues and the Naira exchange.
Have you heard this? Many Nigerian exporters have been defrauded of huge amount of money in the process of exporting commodities to foreign countries. Do you know why? They were not trained on export operations, management, documentations and the best methods of payment in export trade. This is terrible!!! Nigerians cannot continue to lose money to foreigners in the course of export business. Exporters, why don’t you get a practical manual that teaches the stages of export trade from processing and packaging of commodities to receipt of payment by the foreign buyers. It teaches export operations, export management, export documentations and methods of payment in export trade? It is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on the link below:
http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
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