Nigeria’s Gross Domestic Product has grown by 5.01 percent, year-on-year, in the second quarter of 2021.This is according to the National Bureau of Statistics in its GDP Report for Q2.According to the report, the 5.01 Read More
Tags :GDP
Financial Derivatives Company Limited has said the Nigerian economy is expected to grow by 2.6 percent in the second quarter of 2021.Thai growth is up from 0.51 percent recorded in the first quarter.Analysts at Lagos-based FDC, Read More
Latest data by the National Bureau of Statistics has shown that the insurance sector contracted by 2.08 percent in the first quarter of 2021.The figures, which were contained in its report on Gross Domestic Product for Read More
The President of the African Development Bank Group, Akinwumi Adesina, has said that the African economy lost over $190 billion due to the effect of the COVID-19 pandemic.Adesina, during the AfDB’s 2021 virtual Annual Read More
Nigeria’s agricultural sector might begin to plunge in its growth owing to recurrent insecurity challenges emanating from different parts of the country.The impact of these insecurity challenges, just like the COVID-19 pandemic, are Read More
The former Director, Budgeting Department, Central Bank of Nigeria,Dr Titus Okunrounmu, says Nigeria’s economy can grow by between seven percent and 10 percent annually if the necessary measures are put in place.Okunrounmu made Read More
The International Monetary Fund has raised Nigeria’s growth forecast for 2021 to 2.5 percent from 1.5 per cent earlier announced in January. The report also projected a 16 per cent consumer price for the country in 2021.IMF disclosed Read More
The International Monetary Fund has said that it may revise its 2021 outlook for Nigeria’s economy upwards from 1.5 percent it projected earlier.IMF said the revision would come the next round of its projection this Read More
According to Bismarck Rewane, foremost economist, Nigeria could attain $1.5trn Gross Domestic Product (GDP) by 2030, if it attracts both domestic and international capital to achieve a gross domestic product level.Rewane, the Chief Executive Officer Read More