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Nigerian Economy Grows 3.19% in Q2, Services Sector Leads as Agriculture Falters

Vincent Nwanma

Vincent Nwanma is a seasoned analyst, columnist, and reporter with over 30 years of experience in business and economics journalism across Nigeria and Africa.
  • Nigeria’s GDP expanded by 3.19% in Q2 2024, driven primarily by the services sector
  • Underlying economic issues including food insecurity and regulatory pressures remain 

Lagos, Nigeria – The Nigerian economy expanded by 3.19 percent in the second quarter of the year, driven primarily by the services sector, according to a report released by the National Bureau of Statistics (NBS) on Monday.

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