November 27, 2023/InvestmentOne Report Please click to download our Q3 2023 GDP Update According to the data released by the National Bureau of Statistics (NBS), Nigeria s Gross Domestic Product (GDP) continued its upward trajectory in Q3 2023. In specifics, Nigeria s economy expanded in real terms by 2.54% y/y […]
Updates
November 2023 FAAC Disbursements Increases by N4bn
November 24, 2023/FBNQuest Research According to the most recent report on the federation’s revenue distribution, the Federation Account Allocation Committee’s (FAAC) monthly allocations to the three tiers of government amounted to NGN907bn (USD1.1bn) in November 2023 (from October 2023 revenue). The gross payout in October represents a slight increase of […]
Nigeria’s GDP Rise +2.54% Y/Y in Real Terms in 9M 2023
November 24, 2023/NBS Overview of GDP in Quarter Three 2023 Nigeria’s Gross Domestic Product (GDP) grew by 2.54% (year-on-year) in real terms in the third quarter of 2023. This growth rate is higher than the 2.25% recorded in the third quarter of 2022 and higher than the second quarter 2023 […]
