ICT Contributes 15.97% to Nigeria’s GDP in Q3 – NBS
The Information and Communications Technology (ICT) sector added 15.97 per cent growth to Nigeria’s real Gross Domestic Product (GDP) in ...
Tag: GDP
Undersea Cable Incidents Highlight Need for Network Resilience
Writer: BERTRANDT DELPORT, Country Host, BT South Africa In light of recent disruptions involving undersea Internet cables, the importance of ...
Nigeria, Egypt, and South Africa Account for 65% of Africa’s GDP Slowdown
Nigeria is Africa's largest economy with much potential to blossom but its current economic state looks dicey. The new administration ...
Nigeria’s Tax-to-GDP Ratio Exceeds Previous Estimates of 10.86%
According to the Statistician-General of the Federation, Prince Adeyemi Adeniran, Nigeria's current Tax-to-GDP ratio is higher than the 10.86 percent ...
President Tinubu Outlines Economic Priorities for Nigeria’s Future
President Bola Tinubu, in his inaugural speech after being sworn in as Nigeria's 16th President, expressed his immediate objective of ...
Nigeria’s Mining Sector Maintains Growth over 5-Year Period
Over the past 5 years, Nigeria's mining sector has played a pivotal role in propelling the country's GDP growth. In ...
Nigeria’s Tech Ecosystem Attracts $4.4b Investment, says NITDA DG
Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), highlighted the significant growth of Nigeria's tech ...
Nigeria’s Solid Minerals Sector Yields Disappointing $1.4b in Over a Decade
According to a report by the Nigerian Extractives Industry Transparency Initiative (NEITI), Nigeria's solid minerals sector generated a mere $1.4 ...
‘Watch Debt Profile, Control Expenditure,’ WTO DG Warns Nigeria
The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has cautioned the Nigerian government about the alarming debt ...
Nigeria’s Treasury Declines as it Continues to Service Debt
Nigeria spent nearly all of its revenue last year servicing its debts, while its external revenue continues to shrink. According ...
Nigeria’s GDP Growth Fell to 3.10% in 2022, According to NBS
According to the National Bureau of Statistics, Nigeria's economy grew significantly in the fourth quarter (Q4) of 2022, with its ...
Economist Predicts Naira Crisis Could Result in Monthly Loss of $18M in GDP
According to Bismarck Rewane, CEO of Financial Derivatives Company, Nigeria will suffer a total GDP loss of $18 million per ...
What Nigeria Must do to Increase Capital Inflow, IMF Explains
To increase foreign capital flows into the economy, the International Monetary Fund (IMF) has requested that the Central Bank of ...
Nigeria’s GDP Growth Slows to 2.25% in Q3 2022
Nigeria experienced real growth of 2.25 percent year over year in the third quarter, according to data from the National ...
NCC Remitted N463b to Federation Account in 5 Years
According to him, the industry's contribution to the GDP increased from 8.5% in the fourth quarter of 2015 to 12.61 ...
