Nigeria now a quarter away from second recession in 4yrs

Nigeria now a quarter away from second recession in 4yrs


Nigeria is now a short crawl away from another recession after the latest gross domestic product (GDP) figures released Monday showed Africa’s most populous nation recording negative growth in the second quarter (Q2) of 2020. The Nigerian economy contracted by 6.1 percent in Q2 2020, from a growth of 1.87 percent in the preceding quarter,…

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