Local Economy Up 1.81% amid Higher Foreign Direct Investment inflows in Q3 2018

December 14, 2018/Cowry Asset

Nigeria’s real Gross Domestic Product (GDP) report, released during the week, showed that the local economy grew year-on-year (y-o-y) by 1.81% to N18.08 trillion in Q3 2018, faster than 1.50% growth to N16.58 trillion recorded in Q2 2018.

However, the growth rate was still slower than the 1.95% registered in Q1 2018. The non-oil sector accounted for the increased GDP number as it grew y-o-y by 2.32% to N16.38 trillion… Kindly click here for details.

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