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Vol 57 No 13

Published 24th June 2016


Nigeria

The Delta-naira yoyo

Facing its deepest economic crisis for two decades, Nigeria has been bolstered by two modest pieces of good news this week. Firstly, officials in Abuja say they have secured a month-long ceasefire with the Niger Delta Avengers, whose attacks have reduced oil production by over a million barrels a day. This follows a visit to the region by Deputy Oil Minister Emmanuel Ibe Kachikwu: officials claim it established back channels to the Avengers.

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