Gross Domestic Product

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...

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...
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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...

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...
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Buhari blames past administrations for the nation’s economic woes

PRESIDENT Muhammadu Buhari on Tuesday in his speech to mark Nigeria’s 59th Independence Anniversary in Abuja blamed previous...

Nigeria’s GDP drops in first quarter, following shrink in oil sector – NBS

NIGERIA’s economy grew by 2.01 per cent in the first quarter of 2019 as the nation's oil sector which...
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