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Nigeria limps out of recession in Q4 with 0.11% growth

…beats IMF, World Bank forecast

After contracting for two consecutive quarters, the Nigerian economy managed to limp out of recession in the fourth quarter of 2020, beating projections from the International Monetary Fund (IMF) and the World Bank, both of which predicted Africa’s biggest economy to exit recession in 2021. Real GDP growth, which measures total monetary value of economic…

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