February 24, 2024/UBA Plc Africa’s Global Bank, United Bank for Africa (UBA) Plc has reaffirmed its unwavering commitment to spearhead economic growth across the continent through targeted policies aimed at maximizing the benefits derived from the mining and oil sectors. To this end, the bank is poised to collaborate with […]
Updates
GDP Report- Q4 2023 and FY2023
February 23, 2024/Coronation Research The national accounts for Q4 ‘23 by the National Bureau of Statistics (NBS) show that GDP grew by +3.46% y/y compared with the +2.54% y/y recorded in Q3 ’23. Surprisingly, on a q/q basis it grew by +36.2%. A deeper dive shows that the service sector […]
The Nigerian Economy Grew by 2.74% in FY-2023, Down 36bps Compared to the 3.10% in FY-2022
February 23, 2024/United Capital Report Nigeria’s real Gross Domestic Product (GDP) grew by 3.46% y/y in real terms in Q4-2023 compared to 3.52% recorded in Q4-2022. The Q4-2023 readings is lower than that of Q4-2022, however higher than 2.54% recorded in Q3-2023. On an annual basis, Nigeria’s real GDP advanced […]
