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Tag "gross domestic product (GDP)"

Report: Despite drop in FDI, Africa will witness multi-speed economic recovery

    Report: Despite drop in FDI, Africa will witness multi-speed economic recovery

Ernst & Young (EY) says despite a 50 percent drop in foreign direct investment (FDI) inflow into Africa in 2020, the continent will witness multi-speed economic recovery. EY said this

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Emefiele: CBN’s COVID interventions account for 3.5% of GDP

    Emefiele: CBN’s COVID interventions account for 3.5% of GDP

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the bank’s interventions on the economy against the negative impact of the COVID-19 pandemic accounts for 3.5 percent of

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Nigeria’s economy grows 5% in Q2 2021 — strongest since 2014

    Nigeria’s economy grows 5% in Q2 2021 — strongest since 2014

Nigeria’s gross domestic product (GDP) increased by 5.01 percent in the second quarter of 2021 — strongest growth since fourth quarter 2014. This is according to the second-quarter GDP report

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World Bank: Nigeria exited recession earlier than expected

    World Bank: Nigeria exited recession earlier than expected

The World Bank says Nigeria made an early exit out of recession than projected in its October 2020 forecast for Sub-Saharan Africa (SSA). In its latest Africa Pulse Report for

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Nigeria’s worst and best performing sectors in Q4 2020

  Nigeria’s worst and best performing sectors in Q4 2020

Nigeria, Africa’s largest economy, surprisingly came out of a recession in the fourth quarter (Q4 2020), as the country’s gross

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Size of Nigeria’s economy to increase as NBS moves to rebase GDP

  Size of Nigeria’s economy to increase as NBS moves to rebase GDP

The National Bureau of Statistics says it has begun the national business sample survey (NBSS) as part of efforts to

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PwC: Nigeria’s economy will perform better than IMF, World Bank projections

  PwC: Nigeria’s economy will perform better than IMF, World Bank projections

PricewaterhouseCoopers (PwC) has projected that Nigeria’s gross domestic product (GDP) growth rate will likely fall between -1.5 percent and 0.5

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