Tag Archives: IMFii

Nigeria Officially In Recession, GDPGrowth Drops To -2.06%

Nigeria officially in recession, GDP growth drops to -2.06% The National Bureau of Statistics, NBS will be releasing the second quarter GDP which will show that the country is officially in recession because the economy shrank by -2% in the second quarter of the year. Key indices that let to this result includes the sharp drop in Nigeria’s soverign revenue. …

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