Nigerian economy grows by 2.27% in 2019 -NBS

Nigeria’s Gross Domestic Product (GDP) grew by 2.55% in real terms in the fourth quarter (Q4) of 2019, up from 2.38% growth recorded in the fourth quarter of 2018. This means there was a 0.17% point increase in the growth of the Nigerian economy (year-on-year).

According to the data released by the National Bureau of Statistics (NBS), the growth recorded in Q4 2019 represents the highest quarterly growth performance since the 2016 recession.

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