10 fastest growing sectors of the Nigerian economy in 2023 

Nigeria’s Gross Domestic Product (GDP) recorded a growth of 2.74% for the full year 2023, according to the latest report by the National Bureau of Statistics.

This pace, however, trails the 3.10% expansion seen in the previous year, marking the mildest growth rate since the 2020 economic shrinkage, which stood at –1.92% in the wake of the global health crisis. 

Zooming into the quarterly performance, the fourth quarter of 2023 witnessed the economy expanding by 3.46% on a year-on-year basis.