Skip to content
  • Television
  • Editorial
  • Personality
  • Style
  • Echoes of the Past
  • Press Clip
  • Column
    • Capital Matters
    • Eye Witness
    • Frank Talk
    • Insights
    • Naija Gists
  • Download Magazine
    • View Cart
  • Television
  • Editorial
  • Personality
  • Style
  • Echoes of the Past
  • Press Clip
  • Column
    • Capital Matters
    • Eye Witness
    • Frank Talk
    • Insights
    • Naija Gists
  • Download Magazine
    • View Cart
logo11_prev_ui
  • Home
  • News
    • National
    • International News
  • Politics
  • Education
  • Business
  • Entertainment
  • Sports
  • Health
  • Law
  • Shop
  • Home
  • News
    • National
    • International News
  • Politics
  • Education
  • Business
  • Entertainment
  • Sports
  • Health
  • Law
  • Shop
Download Magazine
Nigeria’s GDP grows by 3.19% in Q2 2024-NBS
  • August 26, 2024
  • Unity Times
bola ahmed tinubu (1)

Nigeria’s Gross Domestic Product (GDP) grew by 3.19% year-on-year in real terms in the second quarter of 2024 (Q2 2024), up from 2.51% in Q2 2023, according to a report released by the National Bureau of Statistics (NBS) on Monday.

This performance also surpasses the 2.98% growth recorded in the first quarter of 2024 (Q1 2024).

Grow your business with us

The GDP growth in Q2 2024 was primarily driven by the services sector, which expanded by 3.79% and contributed 58.76% to the aggregate GDP.

The quarter’s aggregate GDP at basic prices rose by 16.94% to N60.93 trillion in nominal terms, compared to N52.10 trillion in the same quarter of 2023.

The agriculture sector recorded a growth of 1.41%, slightly down from 1.50% in Q2 2023, while the industry sector saw an improvement, growing by 3.53%, a significant recovery from a contraction of -1.94% in Q2 2023.

About The Author

Unity Times

See author's posts

Previous
Next
Share the Post:
Grow your Business
Grow your business with Us
ads
Subscription Ads
Related Posts
Super-Falcons

Super Falcons Lose to Cameroon but World Cup Dream Remains Alive

UNITY TIMES SPORTS DESK RABAT — Nigeria’s Super Falcons suffered a painful setback at the 2026 Women’s Africa

Read More
Adeleke-of-Osun (1)

Osun 2026: Adeleke Seeks Fair Contest as Political Tension Rises Ahead of August 15 Poll

UNITY TIMES POLITICAL DESK OSOGBO — Osun State is entering one of the most closely watched electoral periods

Read More
typhoon dolphin

Typhoon Dolphin: More Than One Million Evacuated as China Faces Massive Storm Emergency

UNITY TIMES FOREIGN DESK BEIJING — More than one million people have been evacuated across eastern China as

Read More

Join Our Newsletter

logo11_prev_ui
Unity Times
Facebook-f Twitter
  • Super Falcons Lose to Cameroon but World Cup Dream Remains Alive

    Super Falcons Lose to Cameroon but World Cup Dream Remains Alive

    August 11, 2026 Breaking News, National, News, Sports
  • Osun 2026: Adeleke Seeks Fair Contest as Political Tension Rises Ahead of August 15 Poll

    Osun 2026: Adeleke Seeks Fair Contest as Political Tension Rises Ahead of August 15 Poll

    August 11, 2026 Breaking News, National, News, Politics
  • Typhoon Dolphin: More Than One Million Evacuated as China Faces Massive Storm Emergency

    Typhoon Dolphin: More Than One Million Evacuated as China Faces Massive Storm Emergency

    August 11, 2026 Breaking News, International News
Get In Touch

Block 4, Wuse ll,

Abuja Nigeria

  • Email: office@unitytimesonline.com
  • Phone:
  • Hours: Mon-Fri 9:00AM - 5:00PM

© 2026 All Rights Reserved.