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Nigeria’s economy grew by 3.54% in second quarter of 2022 – National Bureau of Statistics

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SMACIN GRACEFULL TEAM Nigeria’s economy grew by 3.54% in second quarter of 2022 – National Bureau of Statistic The National Bureau of Statistics (NBS) on Friday August 26, disclosed that Nigeria’s gross domestic product (GDP) grew by 3.54 percent year-on-year in real terms in the second quarter of 2022. ADVERTISEMENT The GDP increase is an improvement from the 3.11 percent growth recorded in the previous quarter. ADVERTISEMENT The aggregate real GDP stood at N17.29 trillion in the second quarter of 2022, a marginal decline (-0.37%) when compared to N17.35 trillion recorded in Q1 2022. ADVERTISEMENT The growth recorded in the review quarter also indicates the seventh consecutive quarter of GDP growth in the country, since the recession recorded in Q3 2020. ADVERTISEMENT CLICK TO EXPLORE THE LATEST CONTENTS ON SGT, ALSO SCROLL DOWN B

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