Nigeria enters recession blamed on COVID-19 and oil prices – Al Jazeera

Nigeria enters recession blamed on COVID-19 and oil prices – Al Jazeera

The country’s economy is contracting for two consecutive quarters amid a contraction in its oil sector. Nigeria entered a recession after its gross domestic product contracted for the second quarter in a row, official data showed. Africa’s largest economy is in recession for the first time since 2016. The recession of four years ago was […]

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