Nigerian Second-Quarter Economic Growth Slows on Oil Plunge

Updated on
  • Oil industry in Africa's top producer shrinks 6.8 percent
  • Nigerian stock exchange at 6-month low on oil-price decline

An oil pipeline in Nigeria.

Photographer: Pius Utomi Ekpei/AFP via Getty Images

Growth in the Nigerian economy, Africa’s largest, slowed in the second quarter due to the slump in oil prices, the country’s statistics office said.

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