Nigeria’s economic outlook for 2024 appears cautiously optimistic with projections indicating a potential decrease in the country’s inflation rate alongside moderate economic growth. The IMF’s revised...
Nigeria’s Gross Domestic Product (GDP) grew by 3.46% in the fourth quarter (Q4) of 2023 on the back of robust performance of the services sector, according...
The World Bank has anticipated a 3.7% Gross Domestic Product (GDP) growth for the nation by the year 2025. This optimistic outlook was unveiled in the...
The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth forecast by 0.3 percentage points to 2.9% in 2023. This revision, disclosed in the IMF’s latest...
The Nigerian economy faced a severe setback in the second quarter of 2023, with losses exceeding N1 trillion. This alarming decline was unveiled following a breakdown...
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...
Foreign Investors Embrace President Tinubu's Economic Reforms with Enthusiasm Senior Banker Affirms Positive Sentiment Surrounding President Tinubu's Reforms Investors Delighted as Tinubu Puts Nigeria Back on...
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 Finance and Insurance Sector grew by 21.37% in the first quarter of 2023, according to the latest report from the National Bureau of Statistics (NBS).