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COVID-19 outbreak NESG Nigeria Economic Summit Group

News : Business

NESG predicts 7.3% decline in Nigeria’s 2020 GDP

By CNBC
18 May 2020 | 12:20 pm |

The Nigeria Economic Summit Group, NESG, is forecasting a deeper recession for the country as it says it expects real GDP to decline by 7.3 per cent this year on the back of the COVID-19 outbreak, dwindling oil prices among other indicators. Joining CNBC Africa to discuss the details is the CEO of the Nigeria Economic Summit Group, Laoye Jaiyeola.

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