Nigeria, Feb. 22 -- Nigeria's Gross Domestic Product (GDP) grew by 3.46 per cent year-on-year in real terms in the fourth quarter of 2023, the National Bureau of Statistics has said.

The NBS said this growth rate is lower than the 3.52 per cent recorded in the fourth quarter of 2022 and higher than the third quarter of 2023 growth of 2.54 per cent.

The statistics bureau said this in its "Nigerian Gross Domestic Product (GDP) Report Q4 2023" released on Thursday.

The report said the performance of the GDP in the fourth quarter of 2023 was driven mainly by the services sector, which recorded a growth of 3.98 per cent and contributed 56.55 per cent to the aggregate GDP.

It said the agriculture sector grew by 2.10 per cent, from the growt...