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CEOs Predict Bright Economic Prospects in New Year

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Despite the upcoming general elections in the country, some chief executive officers (CEOs) have predicted that the Nigerian economy will perform better in 2019 than last year.

They stated this in separate interviews with THISDAY.

The Managing Director/CEO of First Bank of Nigeria Limited and Subsidiaries, Dr. Adesola Adeduntan, said, “I am optimistic about 2019 despite the fact that there is an expectation of a slowdown in the first half of the year on the back of elections.”

Adeduntan recalled that since the Nigerian economy came out of recession in 2017, its level of recovery has remained fragile.

“As we move into 2019, the expectations are that things may be a bit slow on the back of the elections and given the fact that naturally, key players especially on the fiscal side of the economy would be focusing on re-elections.

THISDAY, January 1, 2019

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