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May

Nigeria’s GDP dropped to 2.31% in Q1 2023

Report recently published by the National Bureau of Statistics revealed that Nigeria’s Gross Domestic Product (GDP) dropped to 2.31% in the first quarter of 2023 from 3.52% recorded in the fourth quarter of 2022. The reduction in growth is attributed to the adverse effects of the cash crunch experienced during the quarter. The performance of the GDP […]