Nigeria, Dec. 8 -- The aggregate output numbers for the three months to end-September 2025, released last week by the National Bureau of Statistics (NBS), show that the Nigerian economy continues to grow. Although still below the rates recorded pre-2014, real GDP growth of 3.98 per cent year-on-year in the third quarter of this year was down on the 4.23 per cent (year-on-year) growth recorded in the second quarter of 2025 but slightly higher than the 3.86 per cent recorded in Q3 2024. This general picture notwithstanding, weak manufacturing and consumer demand, together with the dampening effect of inflation on the real gains from economic expansion, mean that much of the growth recorded in the first nine months of this year is structural...
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