By Seun Ibiyemi Nigeria’s Gross Domestic Product (GDP) growth rate in real terms (Constant price) grew by 3.84 percent in the fourth quarter (Q4) of 2024 on a year-on-year basis, showing is 0.38 percentage points higher than 3.46 percent recorded…
The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 3.84 per cent in the fourth quarter of 2024 on a year-on-year basis. The Statistician-General(S-G) of the Federation, Adeyemi Adeniran disclosed this…
The rebasing of Nigeria’s Gross Domestic Product (GDP) and Consumer Price Index (CPI) will ensure that economic indicators accurately reflect the country’s current realities. This assurance was given by the Statistician General of the Federation and Head of the National…
The World Health Organisation (WHO) has raised concern about the potential economic toll of Antimicrobial Resistance (AMR) If left unchecked. The WHO said that the situation could cause Nigeria and low income countries a reduction in Gross Domestic Product (GDP)…
Nigeria’s manufac turing sector’s contribution to the Gross Domestic Product (GDP) has witnessed a significant contraction over the past two quarters, reflecting a decline of 20.95 percent from the end of 2023 to the second quarter of 2024. According to…
…ICT’s contribution to Nigeria’s real GDP hits 19.78% …As health sector grows by 2.41% By Seun Ibiyemi Nigeria’s Gross Domestic Product (GDP) experienced a year-on-year growth of 3.19 percent in real terms during the second quarter of 2024. The GDP…
The Nigeria Union of Local Government Employees (NULGE) has called for financial, administrative and political autonomy for local governments. The NULGE National President, Mr Ambali Olatunji, said in Lagos on Saturday that the autonomy was important for Nigeria to grow its…
By Sodiq Adelakun The Lagos State Governor, Babajide Sanwo-Olu, has said the Gross Domestic Product of Lagos, in the last five years under his administration, had risen by almost 50 percent, surpassing the size of the GDPs of over 40…
Nigeria’s Gross Domestic Product per capita is expected to reach $1,120.67 by 2029, according to the International Monetary Fund. The IMF data revealed a fluctuating trend in Nigeria’s GDP per capita since 2014, with a high of $3,222.69 in 2014…
The International Monetary Fund has predicted that Nigeria’s Gross Domestic Product per capita will reach $1,120.67 by 2029. This is according to the Washington-based IMF analysis of Nigeria’s Gross Domestic Product per capita data since 2014. The data revealed a…
