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Nigeria’s GDP Rose by 3.52% In 4th Quarter – NBS

Nigeria’s GDP Rose by 3.52% In 4th Quarter - NBS According to the National Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) grew by 3.52 percent in the fourth quarter of 2022. The NBS made this claim in the Nigerian GDP Report for Q4...

Adverse Effects on Manufacturers as GDP Growth Declines – MAN

Adverse Effects on Manufacturers as GDP Growth Declines - MAN The Manufacturing Association of Nigeria(MAN) is foreseeing a situation where more operators in the manufacturing sector would close down and create more shock in the economy. The director general (DG) of MAN, Segun Ajayi-Kadir, observed that,...

Telecoms Contribution to GDP Rises by 10%, Hits 7trn in 2022

Telecoms Contribution to GDP Rises by 10%, Hits 7trn in 2022 The National Bureau of Statistics recent report has shown that the contributions of telecommunications to the nation’s real Gross Domestic Product increased by 10.52 per cent year-on-year to hit N7.28tn in the first nine...

Agric, ICT Boost GDP To 2.25% In Q3 – NBS

Agric, ICT Boost GDP To 2.25% In Q3 - NBS Information and Communication Technology (ICT) and agriculture are among the key sectors that boosted the Gross Domestic Product (GDP) of Nigeria by 2.25 per cent in the third quarter of 2022. According to a report by...

GDP/GNP, Annual Budget, Per Capita, Tools for Economic Measures, by Ejike E. Okpa

GDP/GNP, Annual Budget, Per Capita, Tools for Economic Measures, by Ejike E. Okpa   If one is disposed to BEER PARLOR chants that dominate conversations with Nigerians, where superlatives are used to describe Africa's Giant, one feels good. For Nigerians, it is all about feeling good. It is...

Trade, Telecoms  Boost GDP Growth By 3.11% in Q1

Trade, Telecoms  Boost GDP Growth By 3.11% in Q1 The National Bureau of Statistics (NBS) announced that Nigerian economy has sustained a positive trend for the sixth consecutive quarter as it recorded a 3.11 per cent growth in the first four months of this year. The...