Nigeria has slipped into recession, with the latest growth figures showing the economy contracted 2.06 per cent between April and June.
The country has now seen two consecutive quarters of declining growth, the usual definition of recession.
Its vital oil industry has been hit by weaker global prices, according to the Nigerian Bureau of Statistics (NBS).
But the Government says there has been strong growth in other sectors.
Crude oil sales account for 70 per cent of Government income.
The price of oil has fallen from highs of about US$112 a barrel in 2014 to below US$50 at the moment.
Outside the oil industry, the figures show the fall in the Nigerian currency, the naira, has hurt the economy. It was allowed to float freely in June to help kick-start the economy, but critics argued it should have been done earlier. (BBC News)
