Nigeria Records Slower GDP Growth Rate in Q1-2017; Sets to Exit Recession in Q2.

By investadvocate.com.ng

Earlier this week, the National Bureau of Statistics (NBS) released Nigeria’s Gross Domestic Product (GDP) report for the first three months of 2017. The report shows that during the reference period, the economy contracted by 0.52% y/y (in real terms), 77 bps lower than Bloomberg’s compiled median estimate of 0.25%. Having declined...more
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