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Nigeria’s Economy To Contract By 2.4%

 

Nigeria’s economy is expected to contract by 2.4 percent in 2020.

That, according to a report by Reuters, is due to fall in global oil prices and the coronavirus pandemic.

Petroleum price in Nigeria has reportedly fallen by $20 per barrow.

The country has recorded 98 deaths from coronavirus, according to the Nigeria Centre for Disease Control.

 

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