News Roundup: Nigeria out of recession, New WTO head, NAFDAC approves vaccine for use, Bitcoin surge, inflation…

Nigeria’s economy limps out of recession in Q4Nigeria Unexpectedly limped out of recession in the fourth quarter of 2020 beating projections from the International Monetary Fund and the World Bank, both of which predicted Africa’s biggest economy to exit recession in 2021. Real GDP grew 0.11 percent in the fourth quarter after contracting 6 percent and 3 percent in the second and third quarter of 2020. Resilient sectors such as telecommunications, financial, broadcasting helped lift the country out of recession.Ngozi Okonjo-Iweala makes history as she becomes the first woman and first African …

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