The Economic War is focused on fighting for Africa’s Economic Independence, Economic Emancipation August 25, 2020/Black Wall Street The leader of Africa’s first Economic War, Charles N Lambert, in a video released on Sunday, gave a detailed explanation of what the Black Wall Street and Redirect mall is all about. […]
OPINION/EDITORIAL
Q2-20 GDP: COVID-19 Induced Poor Performance; Outlook Remains Negative
August 25, 2020/Cordros Report Nigeria’s economy contracted by the most in at least a decade in Q2-20 as lower oil prices and production and COVID-19 induced disruptions weighed down output. Real GDP contracted by 6.10% y/y (vs. growth of 1.87% y/y in Q1-20 and 2.12% y/y in Q2-19) compared to […]
GDP slumps as expected
August 24, 2020/Coronation Report Nigeria’s Q2 GDP performance was released this morning, with GDP down 6.10% year-on-year and non-oil GDP down 6.05% y/y. This was not a surprise (although one forecast poll predicted a 4.05% decline), given that in June the World Bank forecast a 3.2% contraction and the IMF […]

