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Economic outlook

Coronavirus, crude oil price and Nigeria’s economy

*…as investment specialist says Naira’s gone; it’s a question of when? By Michael Eboh As the global spread of coronavirus (COVID-19) worsens, the continuous drop in the price of crude oil in the international market would definitely take a heavy toll on the Nigerian economy. Add this to the absence of reassuring words from the
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Developing Asia’s growth prospects dim amid U.S.-China trade conflict

Escalating trade tensions between China and the U.S. have dampened prospects for developing Asia, with the region’s economy expected to grow slower than predicted this year and in 2020, the Asian Development Bank (ADB) said on Wednesday. The Manila-based ADB scaled down its forecast for economic growth in developing Asia, which includes 45 countries in
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