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Oil sector depresses Nigeria’s Q2’18 GDP

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In its latest GDP report released yesterday, NBS stated that  the country’s GDP grew by 1.5 percent year-on-year (YoY) in real terms to N16.58 trillion in  Q2’18 even as  the average daily oil production in Q2’18  dropped by 0.03 million barrel per day (mbpd) to 1.84 mbpd YoY  from 1.87 mbpd in Q2’17.read more

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