Nigeria’s economy grows by 3.52% in Q4

Nigeria’s economy grew in the fourth quarter of last year at a faster pace compared to the previous quarter, official data released on Wednesday shows.

Africa’s biggest economy saw its Gross Domestic Product (GDP) grow by 3.52 percent (year-on-year) in real terms in Q4 2022, down from 2.25 percent in Q3 and 3.98 percent in the same period last year, according to the National Bureau of Statistics (NBS).