Nigeria says Q3 and Q4 GDP to evaluate extra financial slowdown -presidency

Nigeria says Q3 and Q4 GDP to evaluate extra financial slowdown -presidency

ABUJA, Aug 26 (Reuters) – Nigeria expects the third and fourth quarters to evaluate the continued effects of a slowdown, after the financial system contracted by 6.1% within the 2nd quarter, the presidency said on Wednesday.

Nigeria, Africa’s most attention-grabbing financial system and top oil producer, faces its worst disaster in four decades due to low monstrous costs, and the affect of the contemporary coronavirus pandemic, which harm quiz for its major export commodity. (Felix Onuah; Writing by Chijioke Ohuocha; Improving Alexis Akwagyiram and Alex Richardson)

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