Gross Domestic Product

Business and Economy

Nigeria maintains 4th largest economy in Africa despite rebased GDP

NIGERIA has retained the fourth-largest economy in Africa, despite the rebasing of the country's gross domestic product (GDP). On Monday,...
Ehime ALEX -
Business and Economy

Nigeria’s GDP growth to 3.19% in second quarter

NIGERIA's gross domestic product (GDP) grew by 3.19 per cent and influenced by the services sector on a year-on-year...
Ehime ALEX -
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Business and Economy

Four sectors slide into recession as Nigeria’s economy drops by 2.51% 

FOUR critical sectors of the Nigerian economy slid into recession as the gross domestic product (GDP) fell by 2.5...
Ehime ALEX -
Business and Economy

GDP falls to 2.31% in Q1 over cash crunch policy – NBS

NIGERIA's gross domestic product (GDP) declined to 2.31 per cent in the first quarter of 2023, occasioned by the...
Ehime ALEX -
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Featured News

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...
Amos ABBA -
Featured News

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...
Amos ABBA -
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