The Nigerian economy, which exited a recession in December 2020, grew at a real rate of 5.01 percent in the second quarter of this year, the highest since the last quarter of 2014.
This is much higher than a decline of -6.1 percent recorded in the comparable quarter of 2020, as well as the 0.51 percent recorded in the first quarter of this year, the National Bureau of Statistics said in its report.
The positive growth recorded in the second quarter of the year marks three consecutive quarters of growth following the negative growth rates recorded in the second and third quarters of 2020, the NBS noted…
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