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Home Africa

Nigeria’s economy hit hard by collapse in oil prices

admin by admin
October 20, 2020
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Nigeria is officially in recession for the first time in more than a decade, bringing an end to three years of low but positive growth. The African country's economy relies heavily on oil exports, but the coronavirus pandemic has slashed global demand and the price of oil has plunged. That's bad news for a country whose bRead More – Source

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