GDP
GDP related news
Nigeria’s debt-to-GDP ratio rises to 23.3% as debt stock rises to N41.6 trillion in Q1 2022
Nigeria’s total debt stock rose to N41.6 trillion in the first quarter of 2022...
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What does CBN’s new Interest rate hike mean for the Nigerian economy?
MPC’s decision was intended to slow galloping inflation and save the persistent Naira depreciation.
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GDP: Non-oil sector grows by 6.08% in Q1 2022
Nigeria’s non-oil sector grew by 6.08 % (year-on-year) in real terms in the first quarter of 2022, an increase of...
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Nigeria’s manufacturing sector records growth of 5.89% in Q1 2022
Manufacturing sector grew by 5.89% (year-on-year) in real terms in Q1 2022, an increase of 3.61% points from the preceding...
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GDP: Finance and Insurance sector records 23.24% growth in Q1 2022
The contribution of Finance and Insurance to real GDP totalled 4.51%, higher than the contribution of 3.77% recorded in the...
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Real estate sector’s GDP grows by 10.84% in Q1 2022
The GDP of the Real Estate Services (nominal terms) has increased by 10.84% in the first quarter of 2022.
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GDP: Nigeria’s agriculture sector records growth of 3.16% in Q1 2022
Nigeria’s agriculture sector grew by 3.16% (year-on-year) in real terms in the first quarter of 2022, a decrease of 0.42%...
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Nigeria’s GDP grows by 3.11% in Q1 2022
Nigeria’s Gross Domestic Product (GDP) grew by 3.11% (year-on-year) in real terms in the first quarter of 2022...
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Nigerians spend N108.47 trillion on household consumption in 2021
Nigerians spent a sum of N108.47 trillion on household consumption in 2021, representing an 11% increase compared to N97.72 trillion...
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Nigeria fiscal deficit rises to a record N7.3 trillion in 52 weeks
The Federal Government of Nigeria (FGN) reported a record-breaking fiscal deficit of N7.3 trillion in 2021.
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