The National Bureau of Statistics has revealed that Nigeria recorded a real GDP growth of 3.46% (year-on-year) in the third quarter of 2024 (July, August, and September).
The figure is an increase from the 2.54% growth recorded in the corresponding period of 2023 and an improvement from the 3.19% growth observed in the second quarter of 2024.
The NBS stated this in its latest Quarterly Gross Domestic Product (GDP) report published on Monday, November 25, 2024.
TimesNow.com.ng earlier reported that the Bank of Industry (BoI) had launched an application portal for Nigerians to access the Federal Government’s N75 billion Micro, Small, and Medium Enterprises (MSMEs) Intervention Fund.
BoI representative Amina Habu Mohammed announced the start of the application process during a press conference on a Memorandum of Understanding (MoU) signed between the Nigerian Association of Small-Scale Industrialists (NASSI) and the Bank of Industry.
According to Amina, the fund plans to give N1 million each at a 9% interest rate for three years without collateral.
Source: TimesNow.com.ng
