Nigeria’s Gross Domestic Product, GDP, increased by 3.46 percent in the fourth quarter, Q4, of 2023, according to the National Bureau of Statistics, NBS.
Credible news reports that the NBS, the growth rate is higher than the 2.54% recorded in the second quarter, Q2, of 2023 and lower than the 3.52% recorded in the same quarter of 2023.
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This was revealed in the data bureau’s Q4 GDP report, which was made public on Thursday.
It noted that the growth rate was mainly driven by the services sector, which recorded a 3.98 percent increase.
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