Nigeria records 1.87% GDP growth in Q1’2020

PUBLISHED: Thu, 28 May 2020 06:20:42 GMT


Nigeria’s economy grew by 1.87 per cent in real terms, in the first quarter of 2020. This represents a 0.23 percentage point drop year-on-year. When compared to the preceding quarter, Africa’s largest economy shaved off 0.68 percentage points of economic growth. Kayode Akindele, Partner at TIA Capital joins CNBC Africa to break down the first-quarter GDP figures and Capital Importation reports from the National Bureau of Statistics….

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