Day: June 29, 2020
-
Doubts over the global recovery
The International Monetary Fund (IMF) recently revised downwards its estimates of global economic activity. The global economy is now forecast to contract by 4.9% this year, with Nigeria due to shrink by 5.4%. Global equity markets were already nervous in June, giving up some recent gains. Yet key commodity markets (e.g. oil and copper) continue […]
