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IMF Revises Nigeria’s 2021 GDP Forecasts To 1.5%

IMF Revises Nigeria’s 2021 GDP Forecasts To 1.5%       The International Monetary Fund (IMF) in its World Economic Outlook (WEO) update released yesterday has projected that the Nigerian economy will grow by 1.5 per cent this year, slightly lower than the 1.7 per cent it had...

IMF Projects 10.4% Contraction In Global Trade

IMF Projects 10.4% Contraction In Global Trade         The International Monetary Fund (IMF) has projected a 10.4 per cent contraction in global trade as well as a global economic growth rate of -4.4 per cent in 2020. In the just-released biannual World Economic Outlook (WEO) report, the...