
Nigeria’s Economy Faces Worst Recession in Four Decades- s World Bank Report
LAGOS JUNE 25TH (NEWSRANGERS)-The collapse in oil prices coupled with the COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s, according to the latest World Bank Nigeria Development Update (NDU). The report, “Nigeria In Times of COVID-19: Laying Foundations for a Strong Recovery,” estimates that…