GDP

Floating Naira, Rising Rates Weakened Nigeria’s Real sector, GDP dollar terms – Economist Kelvin Emmanuel

Floating Naira, Rising Rates Weakened Nigeria’s Real sector, GDP dollar terms – Economist Kelvin Emmanuel

Speaking on Channels Television on Tuesday, economist Mr. Kelvin Emmanuel has stated that the floating of the Naira has significantly… Read More

1 week ago

Nigeria’s Economy Expands to ₦372.8 Trillion After GDP Rebasing, Growth Hits 3.13% in Q1 2025

The National Bureau of Statistics (NBS) has released Nigeria’s rebased Gross Domestic Product (GDP) report for Q1 2025, unveiling a… Read More

1 week ago

Real Estate Sector Surpasses Oil & Gas in Nigeria’s Rebased GDP Rankings

Nigeria’s real estate sector has overtaken crude petroleum and natural gas as the country’s third-largest economic sector, according to the… Read More

1 week ago

Nigeria’s GDP Rebased to N372.8 Trillion in 2024

Nigeria’s economy is larger than previously recorded, according to newly released figures from the National Bureau of Statistics (NBS). Using… Read More

2 weeks ago

Nigeria’s GDP grew by 3.13% in Q1 2025, Boosted by Services and Industry Sector – NBS Report

Nigeria’s economy (GDP) grew by 3.13% year-on-year in real terms in the first quarter of 2025. This is according to… Read More

2 weeks ago

IMF Raises Nigeria’s 2025 GDP Forecast to 3.4% Cites Oil Gains, Reforms, and Economic Resilience

The International Monetary Fund (IMF) has upgraded Nigeria’s 2025 GDP growth forecast to 3.4%, citing increased oil production, the operationalization… Read More

4 weeks ago

US GDP Drops by 0.3% in Q1 2025 Amidst Trade War

The United States' gross domestic product dropped by 0.3% in the first quarter of 2025 down from a 2.4% increase… Read More

3 months ago

China’s GDP Surges 5.4% in Q1, Amid Escalating Trade War With the U.S.

China’s economy achieved a remarkable 5.4% growth in the first quarter of 2025, surpassing analyst forecasts and showcasing resilience despite… Read More

4 months ago

Trump’s Tariffs Threaten Nigeria’s Oil-Dependent Economy and Trade Future

US President Donald Trump has slapped a blanket 14% tariff on all Nigerian exports to the United States, starting April… Read More

4 months ago

Nigeria’s House of Representatives Recovers N28.7 Billion from Oil Companies

The Nigeria House of Representatives announced a major breakthrough in its efforts to recover outstanding revenues owed to the Federation… Read More

5 months ago