Good news for Nigerians.
The National Bureau of Statistics on Monday released the
Gross Domestic Product growth rate for the country with the economy recording a
1.4 percent increase in growth rate in the third quarter of this year.
This
is the second consecutive positive growth since the emergence of the economy
from recession in the second quarter 2017.
The
NBS in the report said the 1.4 percent growth rate in the third quarter is
higher than the revised figure of 0.72 percent recorded in the second quarter
of this year.
In nominal terms, the NBS in the report put the third
quarter aggregate GDP at N29.45tn.
This,
it noted, is higher when compared
to the N26.53tn nominal GDP recorded in the corresponding third quarter of 2016.
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