Nigeria in the Time of COVID-19 - Rising to the Challenge

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Saturday, August 29, 2020 04:30 PM /by  The World Bank Group/ Header Image Credit:  The World Bank Group


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What The COVID-19 Pandemic Means For Nigeria

Potentially the most severe downturn in four decades...even if the outbreak is contained

 

Oil Prices Have Declined Sharply Since the Onset of the COVID-19 Crisis

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The Collapse In Oil Prices Is Destabilizing The Economy

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The Pandemic Is Reducing Foreign Remittances

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Foreign Capital Inflows Are Also Expected To Decline

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COVID-19 Outbreak In Nigeria Is Impeding Economic Activity

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Government Finances Will Be Particularly Hard Hit

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Nigeria's Economy Is Expected To Contract In 2020

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...And The Contraction Could Be Even More Severe

 

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  10. Food Price Pressure Stokes Inflation to 28-month High in July - PFI Capital
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  13. Headline Rate Will Remain Unchanged at 12.8% YoY in August 2020 - FBNQuest
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