The Nigerian Economy is Back, Baby

Nigeria's Q4 GDP numbers confirm the economy returned to growth in 2017. But for how long?

On Tuesday February 27, 2018, the National Bureau of Statistics (NBS) released the score card on the Nigerian economy for the fourth quarter of 2017 which showed that real GDP growth quickened to 1.9 percent year-on-year (y/y) from 1.4 percent y/y in the third quarter. In terms of key positives, as against an oil led growth in prior quarters of 2017, th…

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