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Nigeria’s economic reforms pay off with strongest growth since 2021

5 hours ago 18

Nigeria’s economy grew at its fastest pace in three years in 2024, signalling that the painful economic reforms of the government are gradually yielding fruit and productivity is increasing. Buoyed by the non-oil sector, the Gross Domestic Product of Africa's most populous nation rose to an annual 3.8 percent in the three months through December, compared with growth of 3.46 percent in the previous quarter, according to data released by the Abuja-based National Bureau of Statistics on Tuesday. For 2024, Nigeria’s GDP growth stood at 3.40

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