Fitch Solutions: Nigeria: From Crisis To Crisis

Nigeria is Sub-Saharan Africa’s largest economy, but the country has struggled with slow growth and persistent economic imbalances for years. Given the severe shock posed by this year’s sharp global downturn, what does the future hold for Nigeria’s already fragile economy?

This webinar will examine the factors that have held back growth in Nigeria in recent years, and will explain the effects that the pandemic is having on the economy. We will also examine the state of the crucial oil sector, which is suffering due to low energy prices but which will still have to play a key role in driving growth over the coming years.

The key discussion topics of the webinar will be:

• How will the current global downturn affect Nigeria’s economy?

• What is the outlook for Nigeria’s fiscal position and debt?

• How will the country’s policymakers respond to the challenges facing Nigeria?

• What is the outlook for Nigeria’s crucial oil sector given prolonged low prices?

John Ashbourne

Global Emerging Market Economist

Joseph Gatdula

Head of Oil & Gas Analysis