Nigeria’s Economic Growth Accelerates in Q4 2024 Amid Sectoral Shifts
Nigeria’s economy grew by 3.84% YoY in Q4 2024, up from 3.46% in Q4 2023 and Q3 2024. For the full year, GDP expanded by 3.40%, the fastest in three years and an improvement from 2023’s 2.74%. The services sector remained the main driver of growth, while agriculture and industry lagged, highlighting persistent structural challenges in Africa’s largest economy…