Guest Join UsHey Guest,
Welcome, Join our awesome community where you can discuss on various topics :-
Some point about your community
Some point about your community
Some point about your community
Some point about your community
Some point about your community
Some point about your community
Some point about your community
Much More.. or Create an Account


{myadvertisements[zone_1]}
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Nigeria’s GDP Growth Rate Rises To 1.81% In Third Quarter – NBS
#1
The National Bureau of Statistics on Monday released the country’s Gross Domestic Product report for the third quarter with the economy recording a growth rate of 1.81 per cent year-on-year.

The Bureau in the report which was posted on its website said the growth rate of 1.81 per cent represents an increase when compared to the growth rate of 1.5 per cent which the economy recorded in the second quarter of this year.

In nominal terms, the report put the value of the country’s economic output during the period at N33.36trn.

This, it stated, was higher when compared to the third quarter 2017 GDP output of N29.37trn.

The report reads in part, “The nation’s Gross Domestic Product grew by 1.81 per cent year-on-year in real terms in the third quarter of 2018.

“Compared to the third quarter of 2017 which recorded a growth of 1.17 per cent, there is an increase of 0.64 per cent points.

“The second quarter of 2018 had a growth rate of 1.50 per cent showing a rise of 0.31 per cent points.”

Source: https://www.mediahelm.com.ng/2018/12/nigerias-gdp-growth-rate-rises-to-181.html


[Image: 8295383_fruitmarket_jpegbba8cd152aef6b8c...a280cb733d]
[Image: 8295384_cymera20181210125420_jpeg8f5adc6...599939f49e]
Reply
{myadvertisements[zone_3]}


Possibly Related Threads...
Thread Author Replies Views Last Post
  IMF Cuts Nigeria’s 2019 Growth Forecast to 2% Edoman 0 11 Yesterday, 09:17 AM
Last Post: Edoman
  RMB Forecasts Sluggish Loan Growth Edoman 0 23 01-18-2019, 09:07 AM
Last Post: Edoman
  Nigerian Stock Exchange Crucial Market Indices Sustain Growth By 0.40% Edoman 0 15 01-18-2019, 09:01 AM
Last Post: Edoman
  FG Reduces Miners’ Royalties Rate To 3.5% Edoman 0 17 01-17-2019, 09:23 AM
Last Post: Edoman
  Olowo flays government’s earmarking of N8.5bn on Nigeria Air in 2019 budget Edoman 0 29 01-16-2019, 05:09 PM
Last Post: Edoman
  Nigeria’s Inflation Rises To 11.44% In December 2018—NBS Edoman 0 22 01-16-2019, 12:40 PM
Last Post: Edoman
  Analysts See Spike In December Inflation Rate Edoman 0 24 01-14-2019, 09:57 AM
Last Post: Edoman
  FG To Borrow N823b Through Treasury Bills In First Quarter 2019 Edoman 0 28 01-11-2019, 12:55 PM
Last Post: Edoman



Users browsing this thread: 1 Guest(s)

{myadvertisements[zone_2]}

About contripeople

Contripeople forum description.

              Quick Links

              User Links

              Advertise