Lowe s (NYSE:LOW) Revenue Per Square foot surged from $347 in 2019 to about $431 in 2020. However, Trefis expects the number to decline to about $420 in 2021.
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The World Bank has said that Nigeria’s growth is expected to resume by 1.1 per cent in 2021 from a contraction of 4.1 per cent in 2020.
It also said the global economy would expand by four per cent in the same period.
The World Bank disclosed this in its January 2021 Global Economic Prospects report titled ‘Global economy to expand by four per cent in 2021; vaccine deployment and investment key to sustaining the recovery’.
The report said, “Growth in Nigeria is expected to resume at 1.1 per cent in 2021.
“Activity is nevertheless anticipated to be dampened by low oil prices, OPEC quotas, falling public investment due to weak government revenues, constrained private investment due to firm failures, and subdued foreign investor confidence.”