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NIGERIA GDP
Data on Gross Domestic Product Of Nigeria
Nigeria’s Gross Domestic Product (GDP) growth declined to 2.98%, lower than the rate recorded in the fourth quarter of 2023 which was 3.46%, according to the latest report from the National Bureau of Statistics (NBS) released on Friday.
The founder and Chief Consultant at B. Adedipe Associates Ltd. Dr. Abiodun Adedipe has said that Nigeria is poised to attract more manufacturing companies from across the globe if the Naira becomes stable.
The International Monetary Fund (IMF) has warned that price caps on fuel and electricity tariffs below the cost recovery could result in a fiscal cost amounting to 3% of GDP in 2024.
Activities in Information and Communications Technology (ICT) contributed 16.66% to Nigeria’s real Gross Domestic Product (GDP) in Q4 2023.
Nigeria’s GDP on an annual scale, the GDP expanded by 2.74% in 2023, a slight deceleration from the 3.10% growth rate achieved in 2022.
The African Development Bank Group announced in its latest Macroeconomic Performance and Outlook (MEO) report that Africa will host eleven of the world’s 20 fastest-growing economies in 2024.
The UK's economic downturn has been officially confirmed, marking the nation's entry into a recession.
The United Nations Statistical Commission recommends the exercise be carried out every 5 years. Nominally, Nigeria’s gross domestic product (GDP) stood at $510 billion when the country rebased its economy in 2014.
In 'Follow the Money with Ugodre,' we explored the recent surge in the Nigerian Exchange (NGX) as the all-share index appreciated by an impressive 8.3%, reaching a record high of 102,401.88.
In President Bola Tinubu’s pursuit of Nigeria's $1 trillion economic ascent, the imperative for gender equality echoes not only as a moral necessity but as a strategic catalyst for prosperity.
A 50,000-barrel rise in Nigeria's refining capacity will raise GDP by 0.4%.
The African Development Bank (AfDB) has slashed down growth projection from 4.3% to 3.8% for the African economy in 2024 in its revised economic outlook for the period.