Low Oil Production Caused GDP To Dip In Q3 – NBS

Nigeria’s GDP grew by 2.25 percent year on year in Q3 2022, down from 3.54 percent in Q2. The National Bureau of Statistics (NBS) stated this in its most recent GDP report for the third quarter of 2022. The slow growth was caused by the country’s low oil production, which fell to 1.20 million barrels … Continue reading Low Oil Production Caused GDP To Dip In Q3 – NBS