Nigeria’s GDP growth accelerated to 3.19% YoY in Q2 2024, up from 2.98% in Q1, boosted by increased crude production despite the naira’s devaluation. President Tinubu’s economic reforms since May 2023 aim to draw foreign investment and achieve a 3.8% growth target for the year, an improvement from last year’s 2.7%, with aspirations to return to a 6% growth rate seen in 2014.