OPINION/EDITORIAL

Q2 2020 GDP Report: A Pandemic Induced Contraction

August 31, 2020/InvestmentOne Report Please click to download NBS Q2 2020 GDP Report Last week, the National Bureau of Statistics released the Q2 2020 GDP numbers which showed that the economy fell by 6.10%y/y in real terms (the worst quarterly performance in 15years) compared to a growth of 1.87% y/y […]

Nigeria in the Time of COVID-19 – Rising to the Challenge

Culled—-Proshare August 30, 2020 by  The World Bank Group What The COVID-19 Pandemic Means For Nigeria Potentially the most severe downturn in four decades…even if the outbreak is contained  Oil Prices Have Declined Sharply Since the Onset of the COVID-19 Crisis The Collapse In Oil Prices Is Destabilizing The Economy […]

Nigeria Prepares for an Extended Period of Low Oil Prices

Culled—-OilPrice.com By Tsvetana Paraskova – Aug 28, 2020 Nigeria is preparing for an extended period of low oil prices, Muhammadu Buhari, the president of the biggest oil producer in Africa, said at an energy event on Friday. Nigeria should diversify away from oil, on which it is heavily reliant for […]