Nigeria GDP

Nigeria’s GDP: Economist Decries Poor Contribution Of Agriculture To Economy

Development economist, Professor Ken Ife, has expressed concern about poor contribution of agriculture to Nigeria’s economy. Professor Ife said it is quite disturbing that the agricultural sector is recording poor output in a country with an annual population growth rate that ranges

July 23, 2025

Rebasing Nigeria's GDP Inflation and Impact on Economy

Finance & Economy

Rebasing Nigeria’s GDP, Inflation: Any Impact On Economy?

The National Bureau of Statistics (NBS), recently announced plans to rebase Nigeria’s Gross Domestic Product (GDP) and the Consumer Price Index (CPI) used to measure inflation rate in the country. The last time Nigeria did GDP rebasing was in 2014. With more

February 2, 2025

Why Nigerian Govt Need Supplementary Budget To Pay minimum wage- IMF

Business·News

IMF Raises Forecast On Nigeria’s GDP In 2024 To 3.3% Amid Improved Economic Outlook

The International Monetary Fund (IMF) announced a positive adjustment of its forecast for Nigeria’s Gross Domestic Product (GDP). The country’s GDP is now expected to grow from 2.9 per cent in 2023 to 3.3 per cent in 2024, signaling an improved economic

April 17, 2024

Business·News

Telecoms Contribution To Nigeria’s GDP Hits 16% – Danbatta

The telecommunications sector’s contribution to the nation’s Gross Domestic Product (GDP) has increased significantly to 16 per cent in the second quarter of 2023. This is according to the data reported by the Nigerian Communications Commission (NCC) based on the computation by

September 8, 2023

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

Business

Updated: Oil Sector Slows Nigeria’s Q2 GDP Growth, Economy Hits N52.10trn

Nigeria’s Gross Domestic Product (GDP) grew by 2.51 per cent (year-on-year) in real terms in the second quarter of 2023, up from 2.31 per cent recorded in the first quarter of 2023. Although the growth rate is lower than the 3.54 per

August 25, 2023

Finance & Economy·News

CPPE Urges Govt To Tackle Oil Theft, Insecurity To Boost Productivity In Nigerian Economy

As some sectors in the Nigerian economy such as road, air transport, and financial services, among others posted positive growth as recorded in the second quarter of 2022 Gross Domestic Product (GDP), other sectors like oil refining, rail transportation, metal ores, etc.,

August 29, 2022

Pantami Receives Death Threat Over NIN-SIM Linkage

Business

Isa Pantami Discloses Reason For ICT’s 7.71% Contribution To Nigeria’s GDP

The Minister of Communications and Digital Economy, Isa Pantami, said President Muhammadu Buhari’s National Digital Economy Policy and Strategy (NDEPS) is the reason for the growth in Information and Communication Technology (ICT) contribution to Nigeria’s Gross Domestic Products (GDP). Recall that Prime

August 29, 2022

Business

3.54% GDP: Telecoms, 5 Other Sectors Save Nigerian Economy From Crashing, As Oil Industry Shrinks Again

Telecommunication, Trade, and other non-oil sectors came to the rescue of Nigeria’s economy, as the oil sector contract in size in the second quarter (Q2) of 2022, extending its depreciation from the first quarter (Q1) of this year. In the first quarter,

August 26, 2022

News

FIRS Urges Inclusive Tax Accounting For Accurate Reporting Of Nigeria’s GDP, Revenue

Federal Inland Revenue Service (FIRS) has called for aggregation of all revenues generated at national and sub-national levels in Nigeria.

December 7, 2021

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Nigeria’s GDP: Economist Decries Poor Contribution Of Agriculture To Economy

Rebasing Nigeria’s GDP, Inflation: Any Impact On Economy?

IMF Raises Forecast On Nigeria’s GDP In 2024 To 3.3% Amid Improved Economic Outlook

Telecoms Contribution To Nigeria’s GDP Hits 16% – Danbatta

Updated: Oil Sector Slows Nigeria’s Q2 GDP Growth, Economy Hits N52.10trn

CPPE Urges Govt To Tackle Oil Theft, Insecurity To Boost Productivity In Nigerian Economy

Isa Pantami Discloses Reason For ICT’s 7.71% Contribution To Nigeria’s GDP

3.54% GDP: Telecoms, 5 Other Sectors Save Nigerian Economy From Crashing, As Oil Industry Shrinks Again

FIRS Urges Inclusive Tax Accounting For Accurate Reporting Of Nigeria’s GDP, Revenue

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