Monday 23 May 2016

Economy finally in recession!


Nigeria may already be in recession as growth in Africa’s largest economy contracted in the first quarter of the year, the first time since 2004. Gross Domestic Product (GDP) declined by 0.36 percent from a year earlier, the Abuja-based National Bureau of Statistics (NBS) revealed Friday, compared with growth of 2.11 percent in the previous…


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