The World Bank has warned Nigeria to avoid a recession like the one it experienced in 2016.
December 20, 2022
According to the World Bank, Nigeria could experience a recession akin to that of 2016 if significant reforms are not carried out before the price of crude oil falls significantly.
According to the multilateral lender, Nigeria’s inability to take full advantage of the rise in global oil prices has deteriorated its fiscal situation as the country struggles to generate money while shouldering…