Nigeria’s Gross Domestic Product (GDP) grew by 3.11% (year-on-year) in real terms in the first quarter of 2022, despite a sharp contraction in the oil sector. The oil sector contracted by 26.04% (year-on-year) in Q1 2022 indicating a decrease of 23.83% points relative to the rate recorded in
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp