Co-chair of the Bill and Melinda Gates Foundation, Bill Gates on Wednesday said that Nigeria’s economy has stagnated, noting that earlier in the year, the country’s debt exceeded 50 per…
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Tag: #GDP
Okonjo-Iweala: Nigeria’s GDP growth in steady declined since 2014
The director-general of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala on Sunday said the average growth rate of Nigeria’s gross domestic product (GDP) has been in steady decline since 2014.…
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Nigeria’s GDP grows by 3.19% in Q2, 2024 – NBS report
Nigeria’s Gross Domestic Product (GDP) experienced a year-on-year growth of 3.19% in real terms during the second quarter of 2024. According NBS report released on Monday, the GDP growth rate…
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IMF slashes Nigeria’s economic growth forecast
Our reporter/ The International Monetary Fund (IMF) has cut its forecast for Nigeria’s economic growth in 2024 to 3.1 per cent. The downgrade is contained in a newly released report…
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Informal businesses contribute tremendously to Nigeria’s GDP – Report
..The unregistered businesses include street vendors, artisans, and service providers. The Informal Economy Report 2024 says businesses in the informal market contribute over half of Nigeria’s Gross Domestic Product (GDP).…
Read More Informal businesses contribute tremendously to Nigeria’s GDP – Report