Nigeria's public debt is set to reach 40% of Gross Domestic Product (GDP) by 2024 on fresh borrowing
Nigeria's GDP moderated to 3.11% year-on-year in real terms in the first quarter (Q1) of 2022
Nigerian professor of political economy and management expert Professor Pat Utomi has called for diversification of the economy. He made this call during the launch of...
Economic fundamentals in Africa’s largest economy Nigeria improved in recent months, according to the latest reports from the National Bureau of Statistics (NBS). Nigeria’s Gross Domestic...
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 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...
Africa’s largest economy Nigeria grew at an impressive 4.03 percent rate year-on-year in the third quarter (Q3) of 2021 after posting 5.01 percent in the second...
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...