Nigeria economic growth slows to 3.96 pct in Q1 2015

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LAGOS – Nigeria’s grew by 3.96 percent in the first quarter 2015, a sharp slowdown the same period last year due to the fall in oil , the Bureau of Statistics (NBS) said on Thursday.

The NBS said oil production was 2.18 million barrels per day in the first quarter of the year, unchanged from the previous quarter but lower than 2.24 million barrels recorded in first quarter of last year.

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