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Nigeria’s GDP

FG: Projected 3.5% Nigeria’s GDP growth rate achievable

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GDP

Following the latest released of the Nigeria’s Gross Domestic Product (GDP) growth rate of 1.92 per cent in the fourth quarter y/y as against 1.40 per cent y/y in the previous quarter, the Federal Government (FG) of Nigeria has reiterated that that 3.5 per cent growth estimated for 2018 year is on course. The Statistics […]

Recession: Nigeria’s GDP plunges to -2.24%

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…..Manufacturing sector shrinks to 2.9 per cent ….Oil production averaged 1.63 million barrels per day ….In non-oil sector, growth largely driven by agriculture …. Report contrasts CBN’s Dec. end of recession deadline   Nigeria’s economy showed no sign of reprieve as latest reports from the National Bureau of Statistics (NBS) indicate a melting economy with […]