The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the borrowing level for Nigeria is still at 23 per cent of the Gross Domestic Product (GDP), adding that government borrowing is sensible and responsible. Ahmed said this…
By Olaleye Aanuoluwapo Rachael, Abuja A World Bank report has estimated that the collapse of ecosystem services provided by nature including wild pollination, food from marine fisheries and timber from forests could result in Nigeria’s Gross Domestic Product (GDP) declining…
Analytical assessment of questions over the defining profile of the Nigerian economy with recession in view have been controversial. Although, figures contained in a National Bureau of Statistics (NBS) February report disclosed that the Country’s economy moved out of recession,…
Nigeria’s telecommunications industry, regulated by the Nigerian Communications Commission (NCC) has been identified as one of the sectors whose performance lifted the country out of recession in the fourth quarter of 2020, contributing 12.45 per cent to the country’s Gross…
…Privatize idle public assets —LCCI By Kayode Tokede Growth in telecommunications & information services, others drive Nigeria economy out of recession as Gross Domestic Product (GDP) grew by 0.11 per cent in fourth quarter ( Q4) of 2020, a report…
The Statistician-General of the Federation, Mr Yemi Kale says the nation will re-base its Gross Domestic Product (GDP) later in the year. He said this on Thursday in Abuja during a media conference on the significance of the ongoing National…
