Economic crises

Looming economic crisis in Nigeria as coronavirus ravages

Looming economic crisis in Nigeria as coronavirus ravages

Ruth Olurounbi Recession is coming and it may be Nigeria’s worst in 30 years, since its last one in 2015. This means by the time the lockdown is lifted, Africa’s largest economy may be facing a recession that could last until 2021. By International Monetary Fund (IMF)’s estimation, Nigeria’s economy is expected to shrink by […]