Nigeria’s Gross Domestic Product (GDP) grew by 3.13percent (year-on-year) in real terms in the first quarter of 2025 according to data released by the National Bureau of Statistics (NBS).
This growth rate is higher than the 2.27 percent recorded in the first quarter of 2024. The performance of the GDP in the quarter under review was driven mainly by the Services sector, which recorded a growth of 4.33 percent and contributed 57.50 percent to the aggregate GDP.
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