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The World Bank on Monday lowered its 2016 sub-Saharan African growth forecast to 3.3 per cent from a previous forecast of 4.4 per cent in October, citing plunging global commodity prices. The bank said the commodity price rout, particularly for oil, which fell by 67 per cent from June 2014 to December 2015, as well […]
World Bank lowers growth projections for Nigeria, others
Source: Business
