GDP Archives

‘Palm oil can contribute $20bn to Nigeria’s GDP yearly’

The National Palm Produce Association of Nigeria, have said that Nigeria’s oil palm is capable of contributing $20 billion annually to the country’s Gross Domestic Product, along with massive job creation along the value chain. Vanguard reported that, however, the National President, National Palm Produce Association of Nigeria, Alphonsus Inyang, has lamented that the […]

aadelekepdnlimited-com
30th December 2022
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237 Views

Economy

Africa’s GDP grew 6.9% in 2021

Africa’s Gross Domestic Product grew by an estimated 6.9 per cent in 2021, a report has revealed but the continent still faces uncertainty. Leading global specialist risk consultancy, Control Risks and its economics consulting partner, Oxford Economics Africa disclosed this in the just concluded Africa Risk-Reward Index seventh edition event. The seventh edition themed, “Opportunity […]

sadeniyipdnlimited-com
29th September 2022
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608 Views

Economy

Nigeria’s GDP rose by 3.54% in Q2 2022 – NBS

The Nigeria Bureau of Statistics revealed that the country’s Gross Domestic Product grew by 3.54 per cent in the second quarter of 2022. According to Nairametrics, this is an improvement compared to the 3.11 per cent growth recorded in the previous quarter. On a year-on-year basis, the Q2 2022 growth rate decreased by 1.47 per […]

sadeniyipdnlimited-com
26th August 2022
0 Comments
281 Views

Why Nigeria must save oil revenues - IMF

Economy

High inflation, fiscal deficit to persist in Nigeria -IMF

The International Monetary Fund has said that the rate of inflation in Nigeria is expected to remain elevated in 2022. According to the lender, the fiscal deficit of the consolidated government is expected to remain high at 6.1 per cent of the nation’s Gross Domestic Product majorly due to costly petrol subsidies and limited tax […]

agencyreport
17th June 2022
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219 Views

Economy

Experts warn Nigeria as World Bank predicts global recession

Economic and financial experts have warned that Nigeria could face serious economic consequences if the global economy contracts into a recession, as predicted by the World Bank. The President of the World Bank Group, David Malpass, told a United States business event on Wednesday that it was difficult to “see how we avoid a recession.” […]

agencyreport
28th May 2022
0 Comments
236 Views

Economy

Nigeria’s GDP rose by 3.11% in Q1 2022 – NBS

The National Bureau of Statistics on Monday revealed that Nigeria’s Gross Domestic Product rose by 3.11 per cent in the first quarter of 2022. In a tweet posted to its official Twitter page, @NBS_Nigeria, on Monday, the NBS wrote, “Gross Domestic Product (GDP) grew by 3.11% (year-on-year) in real terms in the first quarter of […]

agencyreport
23rd May 2022
0 Comments
264 Views

Global markets brace for prolonged volatility as economic

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Some Populer Post

NNPCL revenue jumps 79% to ₦4.97tn

Govs considering ₦100,000 minimum wage amid hardship — NGF

Food imports drop to $2.34bn despite forex surge

Nigeria’s crude petroleum records 16.37% growth in Q1 2026

Tag: GDP

‘Palm oil can contribute $20bn to Nigeria’s GDP yearly’

Africa’s GDP grew 6.9% in 2021

Nigeria’s GDP rose by 3.54% in Q2 2022 – NBS

High inflation, fiscal deficit to persist in Nigeria -IMF

Experts warn Nigeria as World Bank predicts global recession

Nigeria’s GDP rose by 3.11% in Q1 2022 – NBS

NNPCL revenue jumps 79% to ₦4.97tn

Govs considering ₦100,000 minimum wage amid hardship —.

Food imports drop to $2.34bn despite forex surge

Nigeria’s crude petroleum records 16.37% growth in Q1.

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