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Nigeria may finally be coming out of recession - Saybaba - 09-05-2017

The Nigerian economy is gradually exiting recession, after contracting for five consecutive quarters. This is according to data on the country’s gross domestic product (GDP) growth rate to be released later today, by the National Bureau of Statistics (NBS). The data would show that the economy grew at 0.55 per cent in the second quarter of this year.

Details of the GDP results, would be made available over the weekend, when the National Bureau of Statistics, would officially release the report.