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World Bank Projects 2.8 Million More Nigerians to Fall Into Poverty Due to Inflation and Low Growth

By Milcah TanimuThe World Bank has projected that rising inflation and low economic growth in Nigeria will result in an additional 2.8...

Nigerian ICT Matrix Contributions to GDP

By Adefolarin A. Olamilekan The beginning of 21st century witness a rising tide in globalization. Courtesy of the four significant mechanism that made it...

Telecom Sector Contributes N2.508 Trillion to Nigeria’s GDP

The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value...

Nigeria’s GDP Fell To 2.31% In Q1 2023, Says NBS

A report by the Nigerian Bureau of Statistics (NBS), shows that the nation’s Gross Domestic Product growth fell to 2.31 per cent in the...

REVEALED: How Much FG Targeted as GDP By 2050?

The federal government has said it is targeting a Gross Domestic Product (GDP) of over $12 trillion and per capita income of $33,000 per...

How Real Estate, Construction Sectors Contributed to GDP in 2022

Economic activities in the construction and real estate sectors contributed N20tn to the nation’s Gross Domestic Product in the first three quarters of 2022.This...

Nigeria’s GDP Slows to 3.54% in Q2

Nigeria’s Gross Domestic Product (GDP) grew by 3.54 per cent (year-on-year) in real terms in the second quarter of 2022, the National Bureau of...

Understanding Nigeria’s Anaemic GDP Growth and Interest Rate Hike

By Adefolarin A OlamilekanThe global economic as of today is in great need of resetting. If not, we are not far away from another...

Nigeria’s debt to hit 44.7% of GDP in 5yrs — IMF

The International Monetary Fund (IMF) has projected that Nigeria’s total public debt will rise steadily to 44.2 per cent of Gross Domestic Product, GDP,...

Use Of Made-In-Nigeria Products Will Increase GDP – Boss Mustapha

The Secretary-General of the Federation, Boss Mustapha on Tuesday said the use of ‘Made-In-Nigeria’ products will attract benefits for the country.He noted that Nigerians...

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