BUSINESS

BREAKING: Nigeria Records 5.01% GDP Growth In Q2 2021

Nigeria has recorded a Gross Domestic Product (GDP) growth of 5.01% in the second quarter of 2021.

This is the highest economic growth recorded under the Muhammadu Buhari administration in six years.

The National Bureau of Statistics, in its Q2 GDP report, said the 5.01% growth rate recorded year on year, was higher than the -6.1% growth recorded in Q2 2020 and the 0.51% recorded in Q1 2021

The NBS said the GDP figure was indicative of the return of business and economy activity levels seen prior to the nationwide implementation of COVID-19 related restrictions.

 

This is a developing story.

ALSO READ  NPF Microfinance Bank Grows Profit By 52.3% In 2021

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button