Nigerian Tribune on MSN2d
IMF warns Nigeria’s declining GDP per capita signals shrinking prosperity
Despite Nigeria’s economic growth, a troubling trend has emerged—Gross Domestic Product (GDP) per capita is steadily declining, highlighting the country’s shrinking prosperity.The International ...
Zawya29d
Nigeria lost $300bln in GDP in 8 years —Adebajo, CEO CFG
Nigeria has suffered a severe economic blow, losing an estimated $300 billion in Gross Domestic Product (GDP) over the past eight years ... Foreign direct investment (FDI) is at an all-time low, with ...
LEADERSHIP Newspaper20d
Nigeria’s Economic Blueprint Reshaped Through GDP Rebasing
The decision to rebase Nigeria’s GDP in 2024 stems from the recognition of significant changes within the economy. Over time, sectors such as technology, the creative industries, and informal ...
The Punch on MSN2d
Much ado about GDP calculation
Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...
The Punch Newspapers5d
Nigeria’s GDP per capita shrinks to $835 —IMF
The International Monetary Fund has revealed that Nigeria’s Gross ... a country during a specified time divided by the average population for the same year. GDP per capita measures the average ...
Reuters23d
Nigeria to rebase GDP and inflation data by month-end, stats office says
ABUJA, Jan 20 (Reuters) - Nigeria plans to rebase its gross domestic product and inflation data by the end of the month to capture changes in certain sectors of the economy and to reflect current ...
Unlocking Growth: The Boom of Digital Payments in Nigeria
Nigeria's digital payment sector holds immense potential for growth. With over 60% of the population still unbanked, mobile ...
thenews-chronicle12d
Nigeria’s Huge Interest Rate Differential Is Causing A 30% Decline In GDP
Experts warn that the high interest rate spread in Nigerian banks might hurt the nation’s economy by 20 to 30 percent, making ...
Daily Post Nigeria5d
Nigeria’s economy, security in good shape under my watch – Buhari
Nigeria’s immediate past president, Muhammadu Buhari, has reiterated that the country’s economy and security were in good shape under his administration. Buhari made the remarks on Wednesday ...
Nigerian Tribune23h
FG seeks to convert $50bn announcements into actual investments
Speaking on Tuesday in Abuja at the Top Management Retreat for the Ministry of Industry, Trade and Investment, Dr. Jumoke Oduwole said they have summarized all investment announcements during ...
LEADERSHIP Newspaper27d
When Will Nigeria And Africa Time Come?
Despite its struggles with human rights and democracy, it has harnessed its population of over a ... If Nigeria continues on this trajectory — with a palliative economy, excessive borrowing ...