Non-Oil Sector Boosts GDP Rise To 1.81% In Q3 Nigeria’s Gross Domestic Product (GDP) growth rate increased to 1.81% (year-on-year) in real terms in the third quarter of the year (Q3, 2018) compared to 1.50 per cent recorded in the preceding quarter, the National Bureau...

IMF Increases Nigeria’s 2019 Growth Forecast To 2.3%   The International Monetary Fund (IMF) has increased Nigeria’s Gross Domestic Product (GDP) projection for 2019 to 2.3 per cent, up from the 1.9 per cent it had predicted for the country previously. The fund stated this in its...

Nigeria's GDP Growth Slowed To 1.95% The nation’s growth in Gross Domestic Product slowed to 1.95 per cent between January and March of this year due to weaker output from agriculture and other parts of the non-oil economy. According to a Bloomberg survey, the 1.95 per...

AfDB Sees 3.8% GDP Growth For West Africa   The African Development Bank has predicted an average growth rate of 3.8 per cent in the Gross Domestic Product of West Africa economies. The bank made the prediction in its publication, ‘African Economic Outlook’, which now comes in...

In 2017 GDP Recorded 0.82% Growth – NBS   The National Bureau of Statistics on Tuesday released the full-year 2017 Gross Domestic Product growth rate for the country, with the economy growing by 0.82 per cent. The 0.82 per cent growth in GDP was an improvement over...

Poultry Farmers To Rake In Over N1.2trn Yearly Though smuggling and high feed costs are part of several challenges facing Nigeria’s poultry industry, there are still opportunities for growth, with abundant social and economic potential, which can contribute one of the highest percentages to the...