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

• 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.