Nigeria’s economic growth slows to 2.25% in Q3

Nigeria’s gross domestic product (GDP) grew by 2.25 percent year-on-year in Q3 2022, down from 3.54 percent in Q2.

This was made known by National Bureau of Statistics (NBS)  in its latest GDP report released on Thursday.

According to the NBS, the slow growth is attributable to the base effects of the recession and the challenging economic conditions that have impeded productive activities.

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