May 27, 2024/Cordros Report Based on the recently released GDP report by the National Bureau of Statistics (NBS), Nigeria’s economy maintained its positive growth trajectory in Q1-24, growing by 2.98% y/y (Q4-23: +3.54% y/y). We highlight that the heightened inflationary pressure, naira devaluation and tight monetary conditions subdued the growth, […]
OPINION/EDITORIAL
Q1 2024 GDP Report— Economic Growth Remains Resilient
May 27,2024/InvestmentOne Report Please click to download our Q1 2024 GDP Update According to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS), Nigeria’s economy, despite facing macroeconomic challenges, maintained positive growth, expanding by 2.98% YoY in real terms for the three months ending […]
Agricultural Sector Growth Declines in 2023
May 24, 2024/CSL Research Nigeria’s agricultural sector grew by 1.13% in 2023 in real terms compared to the 1.88% growth recorded in 2022, indicating a decline of 40%. The data also revealed the sector’s contribution to GDP shrunk in 2023 to 25.18%, lower than its 25.58% contribution in 2022. The […]
