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FG, W/Bank Begin Process To Rebase Nigeria’s GDP

FG, W/Bank Begin Process To Rebase Nigeria’s GDP       The Federal Government in collaboration with the World Bank have commenced the process to rebase Nigeria’s Gross Domestic Product. Experts describe GDP as the final value of the goods and services that are produced within a nation’s geographic...

Nigeria Exits Recession As NBS Reports 0.55% GDP Growth

The National Bureau of Statistics (NBS) has reported that the Nigerian economy has finally exited the recession, as data on the country’s gross domestic product (GDP) growth rate grew at 0.55 per cent in the second quarter (Q2) of 2017. The Q2 2017 growth rate...

Nigeria’s GDP: IMF Projects Positive Growth 2017

The International Monetary Fund (IMF) has projected 0.8 percent GDP growth for Nigeria in 2017, a little below World Bank’s projections of 1percent growth for the period. Both projections are signifying Nigeria’s economic recovery from the current recession. In a global economic outlook report released, the...