Nigeria faces recession as GDP shrinks

Oyetunji Abioye and Ifeanyi Onuba, Abuja Nigeria’s economy risks falling into recession after it shrank in the first quarter of 2016 as outputs in the manufacturing, financial, real estate, oil and gas fell significantly. The nation’s Gross Domestic Product, which measures the output of an economy, contracted by 0.36 per cent from a year earlier,
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Added May 20, 2016
from Yahoo Nigerian News