Nigerian oil production gets second wind

Nigeria’s economy has expanded slightly in the third quarter as oil production has rebounded.

Despite crude oil prices dropping by almost 60% compared to last year, oil output increased from 2.05 million barrels a day to 2.17 million barrels, Bloomberg news reported, citing data from the country’s National Bureau of Statistics.

In the 2015 third quarter, the Nigerian oil industry saw an overall growth of 1.1% over last  year’s figures.

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