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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…

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