Nigeria's economic growth slows to 2.35 pct in Q2 2015 - CNBC Africa

Nigeria's economic growth slows to 2.35 pct in Q2 2015

Western Africa

by Reuters 0

Nigeria's economic growth slows to 2.35 pct in Q2 2015. PHOTO: KPMG

Nigeria's economic growth slowed to 2.35 percent in the second quarter of 2015 from 6.54 percent a year earlier as a result of lower oil prices, the Nigerian Bureau of Statistics (NBS) said on Tuesday.

The NBS said oil production was 2.05 million barrels per day in the second quarter of the year, lower than 2.21 million barrels recorded in second quarter of last year.

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