The outbreak of the infamous COVID-19 has pushed the global economy to the edge of a precipice. The International Monetary Fund has recently announced that the global economy is in a recession which is at least of the magnitude as the 2009 economic crisis, with a predicted recovery in 2021. In view of this, we examine the potential impact of COVID-19 on our coverage sectors within the context of the proposed cut in the 2020 budget, Naira devaluation and slow-down in economic activities as Government at different levels attempt to curtail the spread of the virus.
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