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JUST IN: Nigeria records 2.54% GDP growth in Q3

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Nigeria’s GDP per capita drops from $3,220 in 2014 to to $835 in 2025, IMF says

OBINNA EZUGWU

Nigeria recorded 2.4 percent growth in gross domestic product (GDP) in the third quarter (Q3) of 2023.

This is according to the National Bureau of Statistics (NBS) in its GDP report for Q3, released on Friday.

The growth rate is higher than the 2.25 percent recorded in the same quarter last year and higher than the second quarter 2023 growth of 2.51 percent.

The bureau said the growth rate was driven by the services sector.

More subsequently…

 

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