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Nigeria,
Africa's top economy, has been battered by low oil prices hammering government
revenues ©Pius Utomi Ekpei (AFP)
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| According to official figures, the US$647.1 million worth of capital imported into Nigeria in the second quarter represented a "fall of 75.73%" compared to 2015. |
Nigeria’s economy
nosedived into a recession official data revealed Wednesday with oil production
hammered by militant attacks on pipelines and foreign investment at a “record”
low.
