Nigeria's economy grew 3.46% year-on-year in the third quarter of 2024, quicker than in the first two quarters of the year, statistics agency data showed on Monday. Gross domestic product (GDP) growth was driven mainly by the services sector,

The sector is expected to receive a further boost from the start of gasoline production at Nigerian billionaire Aliko Dangote ’s mega oil refinery in September, and an increase in its processing rate to 420,000 barrels per day, as well as new fields coming online.

Nigeria's economy grew 3.46% year on year in the third quarter of 2024, quicker than in the first two quarters of this year, statistics agency data showed on Monday. Despite the pickup in economic growth,