Nigeria's economy demonstrated stronger-than-expected growth in the third quarter of 2024, with a gross domestic product (GDP) increase of 3.46% year-on-year, as reported by the National Bureau of Statistics in Abuja on November 25, 2024.
This growth rate exceeded the previous quarter's 3.19% and significantly surpassed the median economist forecast of 2.86% from a Bloomberg survey, indicating robust performance in both the services and oil sectors.