Manufacturing, others suffer as economy slows to three-year low
The nation’s Gross Domestic Product growth fell to 2.74 per cent in 2023 from 3.10 per cent in 2022, according to new GDP report released by the National Bureau of Statistics on Thursday. This represents the slowest growth since 2020 when the economy contracted and entered into a recession by –1.92 per cent due to the COVID-19 pandemic. The NBS in its ‘Nigerian Gross Domestic Product Report, (Q4 2023)’ released […]
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