Nigeria's economy grew 3.4 pct in 2021


By Tunji
  • World
  • Thursday, 12 May 2022

ABUJA, May 11 (Xinhua) -- Nigeria's economy has seen a strong rebound in 2021, with the annual Gross Domestic Product (GDP) growth hitting 3.4 percent, indicating a steady improvement from the economic recession in 2020, the National Bureau of Statistics (NBS) reported on Wednesday.

The latest report on the economy by the NBS shows the country's economy in the second half of 2021 maintained a strong rebound since the second quarter when the real GDP at basic prices grew by 5.01 percent.

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