Nigeria’s GDP Slowed 2.4%, Oil is not the Only Drag

Expectations on report on emerging markets showed that Nigeria’s GDP slowed to 2.4% year over year in the second quarter — slower than expected — according to data released this week. Teneo Intelligence, caught by surprise with its pessimistic expectation of 3.5% second-quarter growth in Nigeria, writes that the issue is structural, even if the oil-export-driven economy …

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