August 27, 2024/United Capital Research Nigeria’s real Gross Domestic Product (GDP) grew by 3.19% y/y in real terms in Q2-2024. This growth rate is higher than the 2.51% y/y recorded in Q2-2023 and higher than Q1- 2024 growth of 2.98% y/y. The expansion in Q2-2024 was despite the continued headwinds […]
OPINION/EDITORIAL
Nigeria’s GDP Grew by 3.19% in Q2 2024
August 27, 2024/CSL Research The Gross Domestic Product (GDP) report published by the National Bureau of Statistics (NBS) indicates that Nigeria’s GDP grew by 3.19% y/y in real terms in Q2 2024. This growth rate surpasses the 2.51% recorded in the second quarter of 2023 and the 2.98% reported in […]
Nigeria’s Economy Maintains Growth Trajectory as GDP Grew by 3.19% y/y in Q2-24
August 26, 2024/Cordros Update Recent data from the National Bureau of Statistics (NBS) revealed that the domestic economy sustained its positive growth momentum in Q2-24, as the real GDP grew by 3.19% y/y (Q1-24: +2.98% y/y | Q2-23: +2.51% y/y). The growth outturn is 61bps and 1bp lower than Cordros’ […]
