By Sodiq Adelakun In a recent release by the National Bureau of Statistics (NBS), Nigeria’s manufacturing sector has shown a complex pattern of growth in the third quarter of 2023. Despite a marginal decline in its contribution to the country’s…
…Eyes 15% year-on-year investment in telecom sector, 100% growth in revenue The Federal Government has revealed that it is targeting 22 percent contribution from the telecom sector to Nigeria’s Gross Domestic Product (GDP). Earlier, the sector in Nigeria in the…
Despite challenges faced by Telecom operators amidst the current business climate in Nigeria, the telecommunications sector has continued to experience an upward shift contributing 16 per cent in the second quarter of 2023 to the nation’s Gross Domestic Product (GDP).…
…To review Mining Act, establish Mines Police …Issues 30-day ultimatum to illegal miners In a bid to revitalise Nigeria’s economy, the Federal Government is targeting 50 per cent contribution to the Gross domestic Product (GDP) from solid minerals. Minister of…
Major stakeholders in the Oil and Gas sector have decried the decline in the contribution of oil revenue to the nation’s Gross Domestic Product, GDP. News learnt that the oil sector has steadily dropped behind Agriculture, Trade, Telecommunications/ICT, and Real…
The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 3.52 per cent in the fourth quarter of 2022 on a year-on-year basis. The NBS said this in the Nigerian Gross Domestic Product Report Q4 2022…
The presidential candidate of All Progressives Congress (APC), Senator Bola Tinubu, On Tuesday before the business community reiterated his desire to totally eliminate fuel subsidy regime if he is elected in the February 2023 election. This is just as the…
Minister of Communications and Digital Economy, Prof Isa Ali Ibrahim Pantami has applauded consistent growth in ICT contributions to the nation’s Gross Domestic Product, GDP, which hit 17.92 % in the last quarter of 2020, and in the first quarter…
Ahead of the country’s 61st independence anniversary Oct.1, experts insist that the contribution of the capital market to the Gross Domestic Product (GDP) must improve. They spoke in separate interviews on Wednesday in Lagos, while reviewing the performance of the…
By Tobi Adetunji The real Gross Domestic Product (GDP) growth rate of Air transport, under the Transportation and Storage sector, increased by 4.98 per cent in second-quarter 2021, from a contrast of -11.78per cent recorded in Q1 2021. The National…
