Nigeria's leading finance and market intelligence news report.

5 takeaways from IMF’s 2020 outlook for Nigerian economy

The International Monetary Fund (IMF) downgraded its 2020 growth outlook for Nigeria from its initial 2.5 percent to 2 percent on the back of plunging oil price fuelled by the Coronavirus outbreak. For an oil-dependent nation like Nigeria, the continued spread of Coronavirus could mean additional shock for Africa’s most populous nation as the decline…

Subscribe to BusinessDay for just N500 per month to read full article

Comments are closed.