Nigeria’s Federation Account increased by 7.48% to N6.86 trillion in the third quarter (Q3) of 2024, according to the latest Economic Report from the Central Bank...
Amidst economic uncertainties, Nigeria’s recent decision to devalue the naira offers a glimmer of hope for the country’s non-oil export sector in the upcoming third quarter. ...
The Nigerian Export Promotion Council (NEPC) plans to generate more than $5 billion in revenue from non-oil exports. The Chief Executive Officer of NEPC, Ezra Yakusak,...
The emergence of the climate change dilemma has led to many calls for reduced dependence on hydrocarbon and fossil fuels. To this effect, on Wednesday the...
The latest national accounts released by the National Bureau of Statistics (NBS) show that GDP grew by 4.0% y/y in Q3 ’21 compared with 5.0% y/y...
The oil sector contracted by 10.73 percent year-on-year and contributed just 7.49 percent to the total real Gross Domestic Product (GDP) in the third quarter (Q3)...
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...
Poor economic policy amid COVID-19 pandemic has plunged Nigeria into second economic recession in four years, according to the latest report from the Nigerian Bureau of...