Nigeria exits recession as GDP grows by 0.11% in Q4 2020

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Nigeria’s Gross Domestic Product (GDP) grew by 0.11% (year-on-year) in real terms in the fourth quarter of 2020, representing the first positive quarterly growth in the last three quarters.

In full-year 2020, however, Nigeria’s economy declined by -1.92 percent beating analyst forecast.

More detail coming….

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