ABUJA, Feb 18 (Reuters) - Nigeria's economy contracted by
1.92% in 2020, the statistics office said, marking the country's
second full-year recession since 2016, as a result of a fall in
revenues due to an oil price slump on top of the COVID-19
pandemic.
This compares with growth of 2.27% in 2019 for Africa's
largest economy.
However, the country recorded economic growth of 0.11% in
the fourth quarter of 2020.