Why Nigeria’s GDP slowed in Q3 2022
Expert explained why forex scarcity, inflation, and currency depreciation contributed to Nigeria's Q3 GDP slowdown
Tag: Gross Domestic Product
Nigeria’s oil industry contributed 5.66% to GDP in Q3 2022
Nigeria recorded an average daily oil production of 1.20 million barrels per day in Q3/2022
Lagos maps out strategies to raise tech startups’ GDP contribution to 10%
The government of Lagos State has unveiled strategies aimed at increasing the contribution of the tech ecosystem to its gross ...
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 ...
A better than anticipated GDP growth rate in 2021
GDP grew by 3.98% y/y in real terms in the fourth quarter of 2021, sustaining positive growth for the fifth ...
GDP: Nigeria’s agriculture sector records growth of 3.58% in Q4 2021
Nigeria’s Agriculture sector grew by 3.58% (year-on-year) in the 4th quarter of 2021, an increase of 2.36% points from the ...
Containment of pandemic, fiscal and monetary measures responsible for GDP growth in Q3 – Finance Minister
Nigeria’s Finance Minister, Zainab Ahmed has stated that the reason for the country's 4.03% GDP growth in Q3 2021 is ...
GDP: Nigeria’s economy to grow by 2.7% in 2022 – IMF
The International Monetary Fund has predicted that Nigeria’s economy is expected to grow by 2.7% by 2022, stating that growth ...
Former Anambra governor, Peter Obi reveals why Nigerians are getting poorer
A former Governor of Anambra State and successful businessman, Peter Obi, has said that Nigerians are getting poorer because the ...
South Africa’s GDP rises by $37 billion after GDP revision
The size of the GDP of Africa’s second-largest economy has risen by 11% ($37 billion) after a revision by the ...
