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Nigeria's economic growth quickens to 3.46% y/y in Q3

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Nigeria's economic growth quickens to 3.46% y/y in Q3

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25th November 2024

By: Reuters

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Nigeria's economy grew 3.46% year on year in the third quarter of 2024, quicker than in the first two quarters of this year, statistics agency data showed on Monday.

Despite the pickup in economic growth, from 3.19% in the second quarter and 2.98% in the first, the growth rate is still short of the 6% target set by President Bola Tinubu when he took office last year in Africa's most populous nation.

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