Top 10 fastest growing sub-sectors of Nigeria’s economy in Q1 2024

Nigeria’s gross domestic product (GDP) in the first quarter (q1) of 2024 grew by 2.98%, higher than the 2.31% seen in the first quarter of 2023.

On a quarterly basis, GDP growth declined from 3.46% recorded in the fourth quarter (Q4) of 2023 when compared to the current rate of 2.98%.

According to the National Bureau of Statistics (NBS), GDP growth in Q1 was driven by the services sector which grew by 4.32% and contributed 58.04% to the aggregate GDP.

Read more at Nairametrics

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