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Nigeria GDP Increases At Fastest Pace In Three Years Ahead of Data Overhaul …GDP grew 3.84% In Fourth Quarter From 3.46% In Third Quarter
Nigeria’s economy grew at the fastest pace in three years in the fourth quarter, ahead of an overhaul of the data that may show the economy is bigger than previously estimated.
Gross domestic product in Africa’s largest oil producer expanded an annual 3.8% in the three months through December, compared with growth of 3.5% in the previous quarter, according to data released by the Abuja-based National Bureau of Statistics on Tuesday. That beat a median estimate for growth of 3.1% in a Bloomberg survey of four economists.
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