Tag
NIGERIA GDP
Data on Gross Domestic Product Of Nigeria
Foreign investors sold $12 billion worth of Chinese stocks in August as piecemeal support measures from Beijing failed.
The latest data from the National Bureau of Statistics (NBS) has revealed that the metal ore sub-sector under the mining sector recorded the highest growth rate among all the sectors of the Nigerian economy in the first two quarters of June 2023.
Nigeria's economy recorded a modest growth of 2.51% in the second quarter of 2023, according to the latest data from the National Bureau of Statistics (NBS).
In the second quarter of 2023, the manufacturing sector's real GDP growth stood at 2.20% on a year-on-year basis.
Nigeria's oil and gas sector contributed a mere 5.34% to the country's Gross Domestic Product (GDP). down from the figure recorded in the corresponding period of 2022 and down from the preceding quarter, where it contributed 6.33% and 6.21% respectively.
Nigeria’s Gross Domestic Product (GDP) grew by 2.51% year-on-year in real terms in the second quarter of 2023, which is 0.2% points higher than 2.31% recorded in the previous quarter but 1.03% lower compared to 3.54% recorded in the corresponding period of 2022.
The Federal Government has put in place machinery to increase the aviation industry's contribution to the Gross Domestic...
Nigeria maintained the position of the largest economy on the African continent for the fifth consecutive year in 2022, with a nominal GDP of $477.4 billion.
Analysts at FocusEconomics have said that Nigeria’s economy will expand by 2.8% in 2023 and 3.7% in 2024.
The reforms of the Tinubu administration have changed our initial views on the macro economy.
NITDA has said that the digitization of Micro, Small and Medium Enterprises (MSMEs) could increase Nigeria’s Gross Domestic Product (GDP) by $53 billion.
Active subscriptions for the internet across mobile, fixed and VOIP networks in Nigeria increased by rose to 158.2 million in April this year.