GDP

Nigeria’s economy grows by 2.54% in Q3 – NBS

The Nigerian economy has recorded growth by 2.54 percent in the third quarter of 2023, according to the latest report from National Bureau...

IMF downgrades Nigeria’s economic growth

The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth by 0.3 per cent, a reflection of the global economy which has dipped...

For fifth consecutive year, Nigeria maintains its position as largest economy in Africa

Nigeria has consolidated its position as the largest economy in African for the fifth year in a row in 2022 with a nominal...

Global economy’s “speed limit” set to fall to three-decade low, World Bank report alerts

The global economy’s “speed limit” — the maximum long-term rate at which it can grow without sparking inflation — is set to slump...

Nigeria’s exit from recession excites Osinbajo, says facilitated by FG’s Economic Sustainability Plan

  Excited by Nigeria’s economy’s prompt exit from recession, the Vice-President, Prof. Yemi Osinbajo (SAN) has hinged on the success of the ongoing...

Coronavirus Woes: South Africa Records 51% GDP Drop

  South Africa’s restrictions to curb the spread of the coronavirus put the economy into its longest recession in 28 years, with gross...

Nigeria’s rising debt profile is nothing to worry about, says Lai Mohammed

… calls Obasanjo, others scaremongers   There is no cause for alarm over the country’s rising domestic and external debts, says Information and...