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Nigeria faces big oil price risk: c.bank

NEW YORK (Reuters) - A sharp fall in oil prices would be a relief for much of the world, but for Nigeria it could spell big trouble. "There will be a very bad day and a lot of gnashing of teeth if the oil price crashes and we haven't saved a thing," Nigeria's central bank governor, Lamido Sanusi, said. Africa's most populous country is one of the world's fastest-growing economies - gross ...
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Added April 16, 2012
from Yahoo Nigerian News