Nigeria's GDP Grew By 3.40 Percent in 2024

Nigeria's GDP Grew By 3.40 Percent in 2024

Nigeria's Gross Domestic Product (GDP) grew by 3.40 per cent in 2024, an increase from 2.74 per cent recorded in 2023.

Nigeria’s economy could be turning a corner

The NewsNigeria’s economy could be turning a corner toward stability as new data showed GDP grew at its fastest rate in three years, suggesting the government’s rapid-fire reforms may be paying off.The economy grew by 3.4% last year, the country’s statistics bureau said Tuesday, a mark last reached in 2021 as Nigeria rebounded from the effects of the COVID-19 pandemic. Growth in the final months of 2024 was the largest in at least nine quarters,…

Nigeria’s GDP Grew By 3.84% In Q4 Of 2024 – NBS - Lagos Television

Nigeria's Gross Domestic Product (GDP) grew by 3.84% in the fourth quarter of 2024, according to a report from the National Bureau of Statistics (NBS) released on Tuesday. This marks an improvement over the 3.46% growth rate recorded in the third quarter of 2024 and is also higher than the 3.46% growth seen in the fourth quarter of 2023. The…

NBS: Aided By Non-oil Sector, GDP Grew By 3.40% in 2024, 3.84% in Q4

Nigeria’s annual Gross Domestic Product (GDP) growth stood at 3.40 per cent in 2024, from 2.74 per cent in 2023, the National Bureau of Statistics (NBS) disclosed yesterday. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, welcomed the latest GDP figures, which showed that Nigeria’s economy grew at its fastest pace in three years. Edun said it was a testament to the resilience of the Nigerian economy and the success of Pr…

Nigeria’s GDP Rises 3.40% in 2024 – NBS - Economic Confidential

Nigeria’s GDP Rises 3.40% in 2024 – NBS Nigeria’s Gross Domestic Product (GDP) grew by 3.40 per cent in 2024, an increase from 2.74 per cent recorded in 2023. This is just as the country’s economy grew by 3.84 per cent (year-on-year) in real terms in the fourth quarter of 2024, a report by the […] The post Nigeria’s GDP Rises 3.40% in 2024 – NBS appeared first on Economic Confidential.

Nigeria’s GDP Grows by 3.84% in Q4 2024—NBS

Nigeria’s Gross Domestic Product (GDP) recorded a 3.84% growth rate in the fourth quarter of 2024, marking an increase from the 3.46% reported in both the third quarter of 2024 and the fourth quarter of 2023. The latest figures were released in a GDP report published by the National Bureau of Statistics (NBS) on Tuesday, February 25, 2025, highlighting the continued expansion of the Nigerian economy despite economic challenges such as inflation …