Newsweek | Nigeria in recession as low oil prices shrink economy Reuters Compounding the impact of low oil prices, attacks by militants on oil and gas facilities in the southern Niger Delta hub since the start of the year has cut crude production by about 700,000 barrels per day (bpd) to 1.56 million bpd. The government's ... Nigeria Goes Into Recession as Oil Production Slashed by Militants Nigeria's oil-based economy stumbles Blame oil: Nigeria slumps into recession, Norway stalls |