Nigeria’s Economy In Recession: GDP Shed -1.5% In 2016, The Lowest Since 1991 - Nairaland / General - Nairaland
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| Nigeria’s Economy In Recession: GDP Shed -1.5% In 2016, The Lowest Since 1991 by wohlay24(m): 9:16am On Mar 01, 2017 |
Nigeria’s economy shrank -1.5% year-on-year (YoY) in 2016 (2015: 2.79%) mainly due to weak oil output and broadly as a result of the persistent weakness in industries. This is in line with our 2016 full year forecast of -1.5% and it’s the first full year of negative growth since 1991 (-0.51%). Continue reading via http://www.dexteranalytics.com/2017/03/01/nigerias-economy-recession-gdp-shed-1-5-2016-lowest-since-1991/ |
| Re: Nigeria’s Economy In Recession: GDP Shed -1.5% In 2016, The Lowest Since 1991 by crestedaguiyi: 9:18am On Mar 01, 2017 |
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