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Tag "gross domestic product (GDP)"

Q3 GDP report, KPMG tax summit… 7 top business stories to track this week

    Q3 GDP report, KPMG tax summit… 7 top business stories to track this week

Here are the seven top business stories you need to track this week — April 3 to April 7. NIGERIA’S 2022 GDP REPORT The National Bureau of Statistics (NBS) is

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‘Nigeria has vast growth potential’ — World Bank lists 10 reforms for economic transformation

    ‘Nigeria has vast growth potential’ — World Bank lists 10 reforms for economic transformation

The World Bank says Nigeria’s growth has been stagnant in the past decade despite its huge potential. The bank said this in its latest report titled, ‘Nigeria country economic memorandum:

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FG to construct 10 large-scale integrated rice mills, says minister

    FG to construct 10 large-scale integrated rice mills, says minister

The federal government says it has released funds for the construction of 10 large-scale integrated rice mills with 320 metric tonnes capacity per day. Mohammad Abubakar, minister of agriculture and

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Digital economy best passport to global economy, says Kenneth Amaeshi

    Digital economy best passport to global economy, says Kenneth Amaeshi

Kenneth Amaeshi, chief economic adviser to the Imo state government, says the digital economy is the best passport to the global economy.  Amaeshi said this while speaking on a webinar

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PwC: Nigeria, India can tap into mutual strengths to create opportunities for youths

  PwC: Nigeria, India can tap into mutual strengths to create opportunities for youths

PricewaterhouseCoopers (PwC) says Nigeria and India can expand mutual strengths to develop opportunities for the youth. PwC said this in

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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,

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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

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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

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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

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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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