Nigeria’s GDP per capita could rise to $1,120 in 2029 – IMF
Nigeria’s GDP per capita is predicted to reach $1,120.67 by 2029, according to the International Monetary Fund. The IMF data analysed shows…
GDP
Nigeria’s GDP grows 3.46% in Q4, decreases by 2.74% in 2023
Nigeria’s Gross Domestic Product grew at 2.74% annually in 2023, a modest slowdown from the 3.10% growth rate attained in 2022. According…
GDP experiences slow growth, climbs 2.54% in Q3 – NBS
The National Bureau of Statistics has stated that Nigeria’s GDP grew slightly in real terms during the third quarter of 2023, or 2.54%…
Why Africa risks losing 15% GDP to climate change – AADFI
Under the auspices of the Association of African Development Finance Institutions, Development Finance Institutions have called for actionable plans to incorporate climate-resilient…
Stock market maintains upward rally despite poor GDP data
The Nigerian stock market has been dominated by a bullish trend against the backdrop of the Gross Domestic Product, GDP, which reported…
Nigeria’s GDP rose 19.54% in Q2 2023 – Report
In the second quarter of 2023, ICT-related activities accounted for 19.54% of Nigeria’s real Gross Domestic Product. This information was included in…
Oil, gas contributed 5.34% to Nigeria’s GDP – Report
Nigeria’s oil and gas sector generated only 5.34% of the country’s Gross Domestic Product. Its contribution was lower than in the equivalent…
Nigeria’s internet subscribers hit 159m in May 2023
In Nigeria, there are now 159.5 million active internet subscriptions across fixed, mobile, and VOIP networks. According to the Nigerian Communications Commission’s most…
How Canada’s largest strike will affect its economy – Report
Analysts have predicted that the largest strike in Canadian history, which is currently on the tenth day, will have an impact on this…
GDP growth in Sub-Saharan Africa to drop in 2023 – IMF
With a worldwide recovery, the International Monetary Fund has reported that growth in sub-Saharan Africa is anticipated to drop to 3.6 percent…
Nigeria’s GDP to grow by slow rate of 3% – KPMG
KPMG has estimated that Nigeria’s Gross Domestic Product will have a slow growth rate of 3% in 2023 due to challenges related…
Sales of crude oil increase by 46% to N21tn – NBS
Nigeria’s exports of crude oil increased by 46.41 percent in 2022, bringing the total to N26.79 trillion. The Punch reported that the entire…