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BREAKING: Nigeria’s GDP grew by 3.46% in Q4 2023, says NBS

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The National Bureau of Statistics (NBS), says Nigeria’s gross domestic product (GDP) grew by 3.46 percent in the fourth quarter (Q4) of 2023.

 

The growth rate, the data bureau said, is lower than the 3.52 percent recorded in the same quarter last year and higher than the 2.54 percent recorded in the second quarter (Q2) of 2023.

 

NBS disclosed this in its GDP report for Q4, released on Thursday.

 

The bureau said the growth rate was mainly driven by the services sector, which recorded a 3.98 percent increase.

 

Details later…

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