GDP
GDP related news
Nigeria’s exits recession, posts 0.11% 2020 4th quarter real GDP growth rate
Nigeria’s Gross Domestic Product (GDP) grew by 0.11% (year-on-year) in real terms in the fourth quarter of 2020.
Read moreDetails
Nigeria’s GDP contracts by 1.92% in 2020, as economy initiates recovery
Nigeria’s Gross Domestic Product (GDP) contracts by 1.92% in real terms in 2020 as the economy posts a real GDP...
Read moreDetails
Nigeria’s GDP contracts by 6.10% in Q2 2020, as critical sectors plunge
Nigeria’s Gross Domestic Product (GDP) declined by 6.10% (year-on-year) in real terms in Q2 2020. This is according to the...
Read moreDetails
Nigeria’s records 6.1 percent tax to GDP as tax base for VAT rise to N23.7 trillion
Nigeria's tax to GDP landed at a paltry 6.1% of GDP for 2019.
Read moreDetails
Latest PMI shows expansion despite slow growth in Manufacturing GDP
Nigeria's manufacturing Purchasing Managers’ Index (PMI) grew faster for the 26th consecutive months, indicating further expansion in the manufacturing sector.
Read moreDetails
Analysts predict 2.25% GDP growth in 2019
Analysts at Coronation Research have a GDP growth forecast of 2.25% y/y for the twelve months ending December 2019. The analysts...
Read moreDetails
Is the GDP appropriate as an indicator of Nigeria’s economic progress?
A quick glance at the GDP data revealed that Nigerian GDP hits $417.1 billion in 2018, as against $375.8 billion...
Read moreDetails
NBS Data shows Nigeria’s GDP grew by 1.93% in 2018
Data from the National Bureau of Statistics (NBS) report for the 4th quarter of 2018 and full year respectively, shows...
Read moreDetails
GDP may rise as NNPC set to boost oil output
Nigeria’s economic growth slowed down for the second consecutive quarter, as crude oil production fell to 1.84 million bpd.
Read moreDetails
Latest Nigeria Oil vs Non-Oil GDP (Updated 2018 Q2)
Nigeria Non-Oil GDP as a percentage of GDP was 91.45% compared to Oil GDP of 8.55% for the quarter ending...
Read moreDetails
