Nigeria’s GDP growth accelerated to 3.46% in Q4 2023, surpassing expectations with the non-oil sector as a significant contributor. The services sector grew by 3.98%, while the oil sector rebounded by 12.1%. The annual growth for 2023 stood at 2.74%, with President Tinubu targeting growth rates of 3.8% for 2024 and aiming for 6% in the following years.