Skip to main content

Nigeria: Economy plunges into broad-based recession

The contraction of Nigerian GDP in Q2 was driven by a sharp fall in oil output, but the data shows that other sectors of the economy are also suffering. Economy policy has made a bad situation worse.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access