ResearchAndMarkets.com’s offering. Nigeria’s construction industry to contract by 12.8% in 2020, and foresees that weak public investment, alongside limited foreign direct investment (FDI) amid the global economic downturn, will push Nigeria into a steep recession. The negative impact from the Coronavirus (COVID-19) pandemic, lockdown measures and low oil prices has already been felt across all sectors, especially in retail and real estate. Nigeria’s general outlook is gloomy, with lower oil prices and production contributing to tighter foreign exchange liquidity. The decline in oil pri...