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Nigeria’s GDP rises to 7.68% in last quarter of 2011 – NBS

By on March 13, 2012

Nigeria’s economy grew 7.68 percent in the fourth quarter last year, faster than the 7.40 percent in the previous quarter, the national bureau of statistics (NBS) said on Tuesday.

Nigeria’s oil production fell to an average of 2.4 million barrels per day in the fourth quarter 2011, compared with 2.6 million bpd in the same period the previous year, Reuters quoted NBS  in a report.