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Tag "GDP"

NBS: Nigeria’s economy slows to 2.31% in Q1 2023 over cash crunch

    NBS: Nigeria’s economy slows to 2.31% in Q1 2023 over cash crunch

Nigeria’s gross domestic product (GDP) grew by 2.31 percent year-on-year in the first quarter (Q1) 2023 — indicating a decline from 3.11 percent recorded in the corresponding quarter of 2022.

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Buhari: My administration doubled Nigeria’s infrastructure stock-to-GDP by 20%

    Buhari: My administration doubled Nigeria’s infrastructure stock-to-GDP by 20%

President Muhammadu Buhari says his administration has “doubled” the stock of Nigeria’s infrastructure to gross domestic product (GDP) to over 40 percent. According to a statement by Garba Shehu, presidential

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Dangote Refinery inauguration, MPC meeting… 7 business news to track this week

    Dangote Refinery inauguration, MPC meeting… 7 business news to track this week

Here are the seven top business news you need to track this week — May 22 to May 26. INAUGURATION OF DANGOTE REFINERY, NAVAL FLEET President Muhammadu Buhari will inaugurate

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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

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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

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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

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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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