Oil production slumped but GDP grew by 3.19% in Q2

Nigeria’s Gross Domestic Product (GDP) grew by 3.19% (year-on-year) in real terms in the second quarter of 2024. A report by the National Bureau of Statistics (NBS) also showed that oil production dropped to an average of 1.41 million barrel per day from the 1.57 million recorded in the first quarter of 2024. The report [...]

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