Topic: [Updated] Nigeria’s economy shrinks by 2.2% in third quarter  (Read 908 times)

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[Updated] Nigeria’s economy shrinks by 2.2% in third quarter
« on: November 21, 2016, 07:03:36 PM »
[Updated] Nigeria’s economy shrinks by 2.2% in third quarter

Nigeria’s economy contracted in the third quarter as businesses struggled to access foreign exchange and rebels continued to bomb oil pipelines in the restive south, official data showed Monday. “The nation’s gross domestic product (GDP) contracted by -2.24% year-on-year,” the country’s National Bureau of Statistics said in a report. The Nigerian economy is reeling and […]


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