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Tag "GDP"

NBS: Nigeria’s GDP growth dropped to 3.1% in 2022

    NBS: Nigeria’s GDP growth dropped to 3.1% in 2022

The National Bureau of Statistics (NBS) says Nigeria’s annual gross domestic product (GDP) growth rate in 2022 stood at 3.10 percent, representing a decrease when compared to the 3.40 percent

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Five common errors about Nigeria (I)

    Five common errors about Nigeria (I)

Nigeria is a rich country. You have heard this a million times, haven’t you? What exactly do people mean by “Nigeria is rich”? They believe we have enough money to

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Atiku: Nigerian economy in deeper trouble than what FG admits

    Atiku: Nigerian economy in deeper trouble than what FG admits

Atiku Abubakar, former vice-president of Nigeria and presidential candidate of the Peoples Democratic Party (PDP), says the economy is in deep trouble. In a series of tweets on Tuesday, the

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ICT, trade as major drivers, oil shrank… takeaways from Nigeria’s GDP Q2 report

    ICT, trade as major drivers, oil shrank… takeaways from Nigeria’s GDP Q2 report

Expansion in the non-oil sector pushed Nigeria’s gross domestic product (GDP) to 3.54 percent in the second quarter of 2022. According to data released by the National Bureau of Statistics (NBS), the

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Here’s what happens to the economy and naira just before an election year

  Here’s what happens to the economy and naira just before an election year

It’s official, the campaign season is upon us full swing; Bola Tinubu, the former governor of Lagos state and self-acclaimed

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VAT collection: States should move away from mentality of revenue sharing, says Peter Obi

  VAT collection: States should move away from mentality of revenue sharing, says Peter Obi

Peter Obi, former governor of Anambra state has advised state governments to improve their revenue generation capacity. The Federal Inland Revenue

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South Africa’s economy grows 1.2% in Q2 2021 — fourth consecutive quarter growth

  South Africa’s economy grows 1.2% in Q2 2021 — fourth consecutive quarter growth

South Africa’s gross domestic product (GDP) increased by 1.2 per cent in the second quarter of 2021 — the fourth

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‘It’s unprecedented’ — FG says ICT contributed 17.9% to Nigeria’s GDP in Q2 2021

  ‘It’s unprecedented’ — FG says ICT contributed 17.9% to Nigeria’s GDP in Q2 2021

The federal government says the information and communication technology (ICT) sector contributed 17.92 percent to the nation’s gross domestic product

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‘Our policies are yielding fruits’ — Buhari hails strong Q2 economic growth

  ‘Our policies are yielding fruits’ — Buhari hails strong Q2 economic growth

President Muhammadu Buhari has applauded the 5 percent economic growth for the second quarter (Q2) of 2021. Femi Adesina, special

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Ecosystem collapse: Nigeria’s economy may decline by $139bn in 2030, says World Bank

  Ecosystem collapse: Nigeria’s economy may decline by $139bn in 2030, says World Bank

The World Bank says Nigeria’s gross domestic product (GDP) may decline by $139 billion in 2030 on the back of

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