MAN warns industrial sector suffocating despite 4.43% GDP growth
Nigeria’s 4.43 per cent economic growth recorded in the second quarter of 2026 is masking a deepening industrial crisis, with manufacturing and…
GDP
GDP growth hasn’t improved workers’ lives, senior civil servants lament
The Association of Senior Civil Servants of Nigeria has said Nigerians have not experienced any tangible sign of economic growth despite the…
Nigerians cannot eat GDP, Atiku slams presidency’s defence of reforms
Former Vice President Atiku Abubakar has rejected the presidency’s defence of President Bola Tinubu’s economic performance, insisting that government claims of recovery…
CPPE raises alarm over low manufacturing GDP contribution
Despite Nigeria’s modest economic growth in the first quarter of 2026, experts have raised concerns over the weak performance of the manufacturing…
Nigeria’s GDP growth slows to 3.89% in Q1 2026
The National Bureau of Statistics said Nigeria’s Gross Domestic Product growth rate slowed to 3.89 per cent year-on-year in real terms in…
Lagos GDP to hit ₦73.15trn in 2026 — Report
The Lagos Development Update 2026 report has projected significant expansion in the state’s economy, with nominal Gross Domestic Product expected to rise…
Why Nigeria targets 7% annual GDP growth — Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr Olawale Edun, has said the nation is targeting an annual seven…
![[ICYMI] Lagos-Calabar highway: Telcos express concerns over threats to cables](https://am-business.s3.eu-west-1.amazonaws.com/wp-content/uploads/2024/05/Lagos-Calabar-Coastal-Highway.jpg)
Lagos-Calabar coastal road to boost Nigeria’s GDP to $14trn — Experts
Experts have projected that the 750-kilometre Lagos-Calabar Coastal Road could transform Nigeria into a multi-trillion-dollar economy, raising the nation’s Gross Domestic Product…
Lagos trade fair contributes billions to Nigeria’s GDP — Minister
The Minister of Industry, Trade and Investment, Jumoke Oduwole, has stated that traders operating within the Lagos International Trade Fair Complex corridor…
Textile sector GDP falls to ₦4.384trn in 2025
Nigeria’s cotton, textile, and garment industry experienced a continued downward trend in 2025. The sector’s contribution to the nation’s Gross Domestic Product…
Capital market contribution to GDP jumps to 33%
The Nigerian capital market’s contribution to the nation’s Gross Domestic Product has increased to 33 per cent from 13 per cent. This…
FG pledges 5% of GDP for industrial financing push
The Federal Government has announced plans to allocate up to five per cent of Nigeria’s Gross Domestic Product annually for industrial development…