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GDP

Economic Challenges And Solutions Evolution

July 25, 2026

Presently, Nigeria ranks as the third-largest economy in Africa by nominal GDP, which stands at USD 377 billion after South Africa (USD 480 billion) and Egypt (USD 430 billion), while Algeria ranks

Business News·News

LCCI To Nigeria Govt: We Need Economic Transformation Not Celebration Of GDP Figures

July 24, 2025

The Lagos Chamber of Commerce and Industry (LCCI) has called on the Nigerian government to embark on strategic economic transformation and not the celebration of mere statistical figures about the economy. The

Business News·Finance & Economy

CBN Urges Fiscal Authority To Boost Efforts In Forex Earnings From Exports

May 21, 2025

The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has called on the fiscal authority to strengthen efforts towards enhancing foreign exchange earnings for the country, especially from oil and gas

Nigeria's Debt Crisis Deepens With 183% Debt Service To Revenue Ratio

FEATURES·Finance & Economy

10 Countries In Africa With Highest Debt-to-GDP Ratio

July 5, 2024

What Is Debt-to-GDP? Debt-to-GDP-ratio is an economic indicator that measures how much debt a country has in relation to its Gross Domestic Product (GDP). Often expressed as a percentage, the ratio is

Business News·News

Nigeria’s GDP Growth Dips By 2.98% For Q1 2024- NBS Reveals

May 27, 2024

The National Bureau of Statistics (NBS) has reported that Nigeria’s Gross Domestic Product (GDP) grew by 2.98% in the first quarter (Q1) of 2024. This marks a slight decline from the 3.46%

Business News·News

Investments In Nigeria’s Telecom Sector Hit $77bn In Q2 2023 – NCC

September 16, 2023

Prof. Umar Danbatta, the Executive Vice-Chairman of the Nigeria Communications Commission (NCC) on Saturday, announced that Nigeria’s telecommunication sector has experienced a surge in investment, thereby contributing significantly to the nation’s

Dabiri-Erewa Hails Nigerian Diaspora For GDP-boosting Remittances, Pushes Diaspora Voting

News·Top Stories

Dabiri-Erewa Hails Nigerian Diaspora On GDP-boosting Remittances, Pushes Diaspora Voting

August 30, 2022

Abike Dabiri-Erewa, the chairman and chief executive of the Nigerians in Diaspora Commission (NiDCOM) is full of praises for Nigerians in the Diaspora for consistent contributions and aid to the economy pre

Nigeria's H1 2023 Economic Review: The Major Headwinds

News

Why US Increased Interest Rate By 50 Points

May 12, 2022

In a bid to crush the soaring inflation scourge in the United States, the Federal Reserve has just made its biggest rate hike since 2000 with a half percentage point increase. Noting

News

Nigeria’s Economy Grows By 3.4% — New Report

May 12, 2022

Nigeria has recorded an annual Gross Domestic Product (GDP) growth of 3.4 per cent in 2021, which happens to be the strongest growth in seven years since 2014. Representing the first annual

Finance & Economy·World News

US Stocks Rebound In Wild Week Trading

January 29, 2022

Wall Street stocks experienced sharp rally as global markets ended what analysts considered an intense wild week. The benchmark for the US S&P 500 index rose 2.4 per cent just as a

Nigeria's GDP Growth Hit 2.51% In Second Quarter 2023 - NBS Reports

Business News

FG Moves To Increase Revenue To 15% Of GDP

January 8, 2022

The federal government has disclosed plans to increase its revenue to 15 per cent of Gross Domestic Product by 2025. The government disclosed this in its National Development Plan 2021-2025, adding that

Technology

ICT’s Contribution To Nigeria’s GDP Hits N8.13tn In Q3 – NBS

November 25, 2021

The information, Communication and Technology (ICT) sector, according to data collated from the NBS’ reports, contributed N8.13tn to real Gross Domestic Product (GDP) in the nine months to September 2021. The data

Finance & Economy

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GDP

Economic Challenges And Solutions Evolution

LCCI To Nigeria Govt: We Need Economic Transformation Not Celebration Of GDP Figures

CBN Urges Fiscal Authority To Boost Efforts In Forex Earnings From Exports

10 Countries In Africa With Highest Debt-to-GDP Ratio

Nigeria’s GDP Growth Dips By 2.98% For Q1 2024- NBS Reveals

Investments In Nigeria’s Telecom Sector Hit $77bn In Q2 2023 – NCC

Dabiri-Erewa Hails Nigerian Diaspora On GDP-boosting Remittances, Pushes Diaspora Voting

Why US Increased Interest Rate By 50 Points

Nigeria’s Economy Grows By 3.4% — New Report

US Stocks Rebound In Wild Week Trading

FG Moves To Increase Revenue To 15% Of GDP

ICT’s Contribution To Nigeria’s GDP Hits N8.13tn In Q3 – NBS

Finance Minister Says Nigeria’s Debt To GDP Still Low At 33%

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