28 February 2017, Abuja – Nigeria’s battered economy suffered a year-long contraction in 2016, official data showed Tuesday, but the oil sector showed signs of recovery, raising hopes for an end to recession. The latest figures showed that the gross domestic product (GDP) shrunk by 1.5 percent last year, largely due to oil production disruptions […] More »
Nigeria’s growth drops, oil raises hopes for end to recession
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