Nigeria’s GDP rises by 3.1%, NBS Nigeria’s Gross Domestic Product (GDP) grew by 3.1 % for the second quarter of 2024, National Bureau of Statistics (NBS) disclosed this in its report on Monday. In its Q2 2024 report, the Bureau said Nigeria’s GDP rose year-on-year in real terms[Read More…]
NCC aims to boost 25% telecoms sector contribution to GDP The Nigerian Communications Commission (NCC) has said it is collaborating with the ministry of communications, innovation, and digital economy to implement the right policies to propel the contribution of the telecom sector to gross domestic product (GDP) to 25[Read More…]
Nigeria’s GDP growth drops to 2.98% in Q1 2024, says NBS The National Bureau of Statistics (NBS) on Friday said Nigeria’s Gross Domestic Product (GDP) declined by 2.98 percent in the first quarter (Q1) of 2024. In its latest report, the bureau put the nation’s[Read More…]
Nigeria’s low tax revenue to GDP is problematic, says IMF The International Monetary Fund (IMF) says Nigeria’s low tax revenue-to-gross domestic product (GDP) ratio is “problematic”. Abebe Aemro Selassie, IMF’s director of the African department, spoke at a news conference on Friday, focusing on the firm’s regional economic[Read More…]
The National Bureau of Statistics (NBS) disclosed on Wednesday that Nigeria’s Gross Domestic Product (GDP) growth declined to 2.31 per cent in the first quarter (Q1) of 2023. Ripples Nigeria learnt that the 2.31 per cent GDP growth fell below the 3.52 per cent reported in the fourth quarter (Q4)[Read More…]
