Nigeria's economy grew in Q3 after oil output rose to three year high - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Nigeria's economy grew in Q3 after oil output rose to three year high via SABCNewsOnline

The economy, Africa's largest, expanded by 0.17% in the previous quarter and 0.47% in the same period a year earlier

Growth rates in Nigeria have been bouncing back this year, though from a low base, after the oil sector, which accounts for around two-thirds of government revenue and 90% of foreign exchange, shrugged off its negative performance in the first quarter. Nigeria recorded the highest quarterly growth in September since the last quarter of 2018 as the oil sector rose 6.49%. The non-oil sector rose 1.85% during the period.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

WenzaNdaba Good! Now they don't have a valid excuse for crowding us. Can we help them increase the said oil outputs please?

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa vulnerable to climate change - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%Africa remains the most vulnerable continent when it comes to climate change.%
Source: SABC News Online - 🏆 32. / 51 Read more »

South Africa rations water to save dwindling supplies - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa has imposed emergency measures, including rationing, to save dwindling water supplies after an abnormally hot, dry summer coupled with below average rainfall and a spike in usage pushes the country towards a crippling shortage.
Source: SABC News Online - 🏆 32. / 51 Read more »

South Africa U-23 qualify for Tokyo 2020 Olympic Games - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African Under 23 football team has booked their place at the Tokyo 2020 Olympic Games after they beat Ghana on penalties 6-5 in the third-place match at the Under 23 Africa Cup of Nations. Who needs Bafana Bafana when we have the under 23? Congratulations! Congratulations Guy's, for job well done, good luck in advance boys.
Source: SABC News Online - 🏆 32. / 51 Read more »

Business investment in Africa still faces capital challenges - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The first day of the 'I can 4IR' conference which is under way in Haughton, Johannesburg, saw many business owners complain about challenges they face accessing capital.
Source: SABC News Online - 🏆 32. / 51 Read more »

Africa vulnerable to climate change - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%Africa remains the most vulnerable continent when it comes to climate change.%
Source: SABC News Online - 🏆 32. / 51 Read more »