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Tag "GDP"

‘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 (GDP) in the second quarter of 2021. Isa Pantami, minister

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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 assistant to the president on media and publicity, stated this

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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 a collapse in ecosystem services. The Washington-based institution in its

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Nigeria’s economy grows 0.51% in Q1 2021 on oil recovery

    Nigeria’s economy grows 0.51% in Q1 2021 on oil recovery

The nation’s gross domestic product (GDP) increased by 0.51 percent in the first quarter of 2021. This is according to the first-quarter GDP report released by the National Bureau of

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APC: Buhari kept his promise that Nigeria will exit recession in a short time

  APC: Buhari kept his promise that Nigeria will exit recession in a short time

The All Progressives Congress (APC) says the administration of President Muhammadu Buhari is keeping its promises to Nigerians by working

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Nigeria exits recession with 0.11% growth

  Nigeria exits recession with 0.11% growth

Nigeria’s economy grew by 0.11 percent in the fourth of 2020. This comes after two consecutive quarters of negative growth

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NBS identifies 1.4m businesses in national business sample census

  NBS identifies 1.4m businesses in national business sample census

Yemi Kale, statistician-general of the federation and chief executive officer of the National Bureau of Statistics (NBS), says 1.4 million

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World Bank: Growth in Sub-Saharan Africa to fall by 3.3% in 2020

  World Bank: Growth in Sub-Saharan Africa to fall by 3.3% in 2020

The World Bank has said growth in Sub-Saharan Africa (SSA) countries may shrink by 3.3 percent in 2020, on the

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COVID-19: Nigeria’s economy shrinks by 6.1% in Q2

  COVID-19: Nigeria’s economy shrinks by 6.1% in Q2

Nigeria’s gross domestic product shrunk by six percent in the second quarter of 2020, a new report by the National

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7 things GDP numbers tell us about Buhari’s reelection bid

  7 things GDP numbers tell us about Buhari’s reelection bid

On Tuesday, the National Bureau of Statistics (NBS) released the gross domestic product (GDP) numbers, showing a 1.93 percent growth

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