Economics

Nigerian Economy Expands 6.81% in Third Quarter on Oil

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Nigeria’s economic growth quickened in the third quarter as the oil industry’s contraction eased and agricultural output increased.

Gross domestic product rose 6.81 percent on an annual basis, the fastest pace this year, compared with 6.18 percent in the second quarter, the Abuja-based National Bureau of Statistics said in an e-mailed statement today.