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GDP

Nigeria’s Q1 2020 GDP drops to 1.87 percent amidst COVID-19

NIGERIA’s Gross Domestic Product (GDP) has dropped to 1.87 percent in the first quarter of 2020, the latest GDP report by the National Bureau...

Nigeria’s problem isn’t debt, it’s about servicing debt – World bank

THE World Bank lead economist for Nigeria Marco Hernandez has said in a Quartz Africa report that Nigeria’s problem isn’t debt, it’s about servicing...

Oil earnings to decline by 80 per cent in 2020 – FG

As federal government projected revenue from oil earnings continues to decline, Federation Account Allocation is now expected to fall by 80 per cent, In...
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Nigeria, South Africa record stagnant real GDP per capita since 2014 – IMF

AFRICA's two biggest economies, Nigeria and South Africa have both had stagnant real Gross Domestic Product (GDP) per capita terms since 2014, the International...

Nigeria’s annual percentage change in GDP projected to decline by 3.4 per cent-IMF

THE International Monetary Fund (IMF) has listed Nigeria as one of the countries to be severely hit by the impact of COVID-19 pandemic. The Fund...

COVID-19: Nigeria’s total exports of crude oil in 2020 could reduce by $19b— ECA

THE Executive Secretary of the Economic Commission for Africa (ECA), Vera Songwe said the COVID-19 outbreak could reduce Nigeria’s total exports of crude oil...
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It’s not cheery news that Nigeria is Africa’s biggest economy. Here is why

NIGERIA has surpassed South Africa as Africa’s largest economy in terms of Gross Domestic Product, GDP after South Africa slipped into its second recession...

GDP growth falls short of expectation in 2019 budget –NBS

THE National Bureau of Statistics (NBS) has reported that the Gross Domestic Product (GDP) growth of 2.3 per cent at Q4 2019 is below...

Recent

2023: INEC reveals plans to deploy undercover agents to polling units

THE Independent National Electoral Commission (INEC) has disclosed plans to deploy undercover agents to polling units at the 2023...

Imo govt approves promotion, free medical services for civil servants

THE governor of Imo State, Hope Uzodiinma, says it has approved promotions and free medical services for the civil...

2023: Six APC governors meet NWC over campaign council crisis

SIX governors of the ruling All Progressives Congress (APC) and some members of the party’s National Working Committee (NWC)...

ASUU: Jega knocks Ngige, says he is creating more problems

A FORMER chairman of the Independent National Electoral Commission (INEC), Attahiru Jega, says the Minister of Labour and Employment,...

Court clears Magu of N573m money laundering charge

FORMER Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has been exonerated over a claim...
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