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Nigeria’s Economic Growth Slows In Q2 2019 - Business - Nairaland

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Nigeria’s Economic Growth Slows In Q2 2019 by Nigeria2day(m): 11:13am On Sep 03, 2019
Between April and June this year, Nigeria’s Gross Domestic Product, GDP grew by 1.94% (year-on-year) in real terms, according to Q2 GDP data released by the National Bureau of Statistics, NBS on Monday.

The growth doesn’t look like much but compared to the second quarter of 2018, which recorded a growth of 1.50%, the growth was positive as it indicates an increase of 0.44% points.

However, when compared to 2.10% recorded in the first quarter of 2019, the Q2 2019 real growth rate indicates a decline of –0.16% points. This means that the economy did better between January and March compared to April to June.

READ MORE - [url]http://nigeriatodaynews.com/news/Nigeria%E2%80%99S-Economic-Growth-Slows-In-Q2-2019[/url]

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