UPDATE 2-Nigeria enters recession, weighed down by COVID-19 and oil prices – Reuters

UPDATE 2-Nigeria enters recession, weighed down by COVID-19 and oil prices – Reuters

By Alexis Akwagyiram, Chijioke Ohuocha * The last recession in Nigeria dates back to 2016 * Africa’s leading oil exporter hit by low crude prices * Pandemic restrictions cited by the statistics office (add details, quotes, bullets, change date) LAGOS / ABUJA, Nov. 21 (Reuters) – Nigeria entered a recession after its gross domestic product […]

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