Tag
GROSS DOMESTIC PRODUCT
Nigeria will require an estimated $2.4 billion, equivalent of about 0.6% of its Gross Domestic Product (GDP), to shield its households from falling into poverty after experiencing a climate shock.
The average daily crude oil production in Nigeria during the second quarter of 2024 has dropped from 1.5 million barrels per day (bpd) to 1.4 million bpd.
Nigeria’s non-oil sector has exhibited signs of stagnation despite Nigeria's overall growth in Gross Domestic Product (GDP) in the second quarter of 2024.
The incoming administration needs to step up the revenue drive and address the issue of corruption and inefficiency.
Nairametrics present the fastest-growing sectors in the Nigerian economy in 2022, with reference to their performance in the preceding year.
Nigeria's oil sector contributed 4.34% to the GDP in the fourth quarter of 2022, down from 5.19% during the comparable period in 2021
A total of ten sub-sectors are growing at a pace faster then Nigeria's real GDP growth rate
Expert explained why forex scarcity, inflation, and currency depreciation contributed to Nigeria's Q3 GDP slowdown
Nigeria recorded an average daily oil production of 1.20 million barrels per day in Q3/2022
The government of Lagos State has unveiled strategies aimed at increasing the contribution of the tech ecosystem to...
The contribution of Finance and Insurance to real GDP totalled 4.51%, higher than the contribution of 3.77% recorded in the first quarter of 2021 by 0.74% points...
GDP grew by 3.98% y/y in real terms in the fourth quarter of 2021, sustaining positive growth for the fifth quarter since the recession in 2020.