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GDP

Manufacturers, traders, transporters driving Nigeria’s growth -NBS data

THE Gross Domestic Product (GDP) data for the second quarter (Q2) of 2020 released by the National Bureau of Statistics (NBS) on Thursday showed...
Damilola OJETUNDE -

Nigeria’s GDP grows by 5% as businesses return to pre-COVID levels

By Harrison Edeh & Arinze Nwafor ...Experts say Nigeria needs long-term growth, plans to reduce poverty NIGERIA’S Gross Domestic Product (GDP) grew by 5.01 per cent...
Harrison Edeh -

Factory output expands as Nigerian economy records slight recovery

THE Nigeria's Gross Domestic Product (GDP) grew by 0.51 per cent in real terms in the first quarter (Q1) of 2021, marking two consecutive...
Odinaka ANUDU -

Nigeria exits recession, records 0.11% growth on ease of lockdown

FIGURES from the National Bureau of Statistics (NBS) show that Nigeria’s gross domestic product (GDP) for the fourth quarter of 2020 grew by 0.11...
Damilola OJETUNDE -

Nigeria officially enters eighth recession, fourth economic downturn under Buhari

NIGERIA has officially entered into its worst economic recession in over three decades, posting its worst growth rate since 1983. According to the National Bureau...
Amos ABBA -

Experts say Nigerians should brace up for hard times over looming recession

DUE to the current negative growth of -6.10 percent recorded by Nigeria in its Gross Domestic Product (GDP), economic experts have urged Nigerians to...
Damilola OJETUNDE -

FACT-CHECK: Did ICT contribute 14 percent to Nigeria’s 2020 first quarter GDP?

The Director-General  (DG) of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, said Information and Communication Technology (ICT) contribution to Gross Domestic Product...
Niyi OYEDEJI -

Nigeria gets World Bank’s $750m loan to boost electricity infrastructure

THE World Bank has approved a $750 million loan credit for Nigeria's Power Sector Recovery Operation in a bid to improve electricity supply in...
Amos ABBA -
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Nigerian fintech companies shame, threaten customers for late payment of loans

YETUNDE Adewole lost her phone in June. She got...
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