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Fitch Solutions says Nigeria has had no success in flattening COVID-19 curve

…expects GDP to contract by 6% in 2020 ….naira to weaken to N475 …debt-to-GDP at more than 35%

The total number of COVID-19 cases in Nigeria is still low given the country’s large population, according to Fitch Solutions Country Risk & Industry Research, a subsidiary of Fitch rating which provides credit and macro intelligence solutions. The New York-based research agency said its anecdotal evidence suggests that the real infection rate in Nigeria is…

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