FDC expects 8% slump in Nigeria's GDP for next 6 months -

FDC expects 8% slump in Nigeria’s GDP for next 6 months

Business conditions stagnate as PMI contracts in August

In a situation where the coronavirus outbreak in Nigeria becomes more severe and business activities are halted, the economy could contract by as much as 8 percent in the third quarter of 2020, according to estimates by Nigerian research and advisory firm, Financial Derivatives Company (FDC). Tha

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