The Minister of Science, Technology and Innovation, Dr. Ogbonnaya Onu has stated that the application of 0.5% Gross Domestic Product (GDP) on technological innovation will boost...
Chief Executive Officer, Financial Derivatives, Bismarck Rewane has listed ICT, Financial Services, Transport, Construction, Manufacturing, Trade and Agriculture as sectors that are expected to drive economic...
In its latest Global Economic Prospects report, the World Bank has predicted that Nigeria’s economy will grow at a 2.5 percent rate in 2022 and 2.8...
The latest report from the National Bureau of Statistics (NBS) in its series on foreign trade in goods shows the total value of trade as N13.28trn...
The Lagos Chamber of Commerce and Industry (LCCI) has predicted that the Nigerian economy will close its growth rate for the year at 2.5%. This was...
The IMF is predicting that the pandemic has permanently lowered the path of real GDP in sub-Saharan Africa, suggesting a loss of real per capita output...
The World Bank has raised Nigeria’s growth projection from 1.1 percent previously estimated earlier in the year to 1.8 percent for 2021. The Washington-based organisation disclosed...
Nigeria, Africa’s largest economy, grew by 0.51 percent year-on-year in the first quarter (Q1) of 2021, according to the latest report from the National Bureau of...
Fitch Agency Revises Nigeria’s Growth Projection for 2021 Fitch Ratings, one of the world’s leading agencies, has revised down Nigeria’s growth projection for 2021. The global...
Nigeria’s GDP Grew by 0.11 Percent in Q4 2020 Nigeria, Africa’s largest economy, grew by 0.11 percent year-on-year in the final quarter of 2020, according to...