Nigeria's Economic Growth Slows to 2.11% in Q4 2015

Nigeria's economic growth slowed to 2.11 percent in the fourth quarter of 2015 from 5.94 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 2.16 million barrels per day in the fourth quarter of the year, slightly lower than 2.17 million barrels recorded in the third quarter.