Nigeria’s Gross Domestic Product (GDP) grew by 3.84% in the fourth quarter (Q4) as the non-oil sector contributed 95.4 percent. However, analysts have raised concerns over...
Nigeria’s economic outlook for the second quarter of 2024 is clouded with uncertainty as economists and analysts express concerns over the impact of the Central Bank...
Nigeria, Africa’s largest oil producer, experienced a slower-than-anticipated economic growth rate in the second quarter, primarily due to the persistent contraction of the oil sector. This...
Despite these positive developments, the recent floods that have ravaged the nation pose a significant threat to Rwanda's economic momentum.
President Bola Tinubu has unveiled an ambitious roadmap aimed at propelling Nigeria's economy to an unprecedented milestone of $1 trillion.
In 2019, Africa’s GDP was $2,6 trillion, but new research from McKinsey estimates that this could have been closer to $3 trillion if the continent had...
The Nigerian economy grew at a 2.31% pace in real terms in the first quarter (Q1) 2023, according to the latest report from the National Bureau...
The International Monetary Fund (IMF) has released its World Economic Outlook Update (January 2023) report where it gave detailed economic performance ratings of some countries and...
Nigerians import poverty while exporting job opportunities and prosperity by allowing foreign companies to turn Nigeria into a dumping ground for their products.
The International Monetary Fund (IMF) has lowered Nigeria's growth projection from the initial 3.4% to 3.2% for the 2022 fiscal year.