The Nigerian Economic Summit Group (NESG)has projected Nigeria’s gross domestic product(GDP) to grow by 5.5 percent in 2026. Olusegun Omisakin, NESG’s chief economist and director of research and deve...
The National Bureau of Statistics (NBS) says Nigeria’s nominal gross domestic product (GDP) is N372.82 trillion as of 2024 following the rebasing exercise. In its ‘Rebasing of Gross Domestic Product (...
Nigeria is preparing to release its rebased Gross Domestic Product figures in 2025 for the first time in more than a decade, which analysts say could catalyse investment and improve its attractiveness...
Tinubu spoke on Thursday in commemoration of the second anniversary of his administration. Describing the increase as “a remarkable leap in just one year”, the president said the improvement was drive...
Nigeria attracted Foreign Direct Investment (FDI) valued at less than one per cent of the country’s gross domestic product (GDP) in 2014, the World Bank has said. The bank blamed the abysmal performan...
About 783 mobile operators in over 200 countries are on the journey to complete the deployment of the fifth-generation (5G) network.This comes as 326 5G networks have gone live across the globe, accor...
Arise Business Analyst Chika Mbonu spoke about the Lagos GDP and how it can be better and higher with reduced traffic in the city. Watch the full video and drop a comment as well....
The milestone was announced during the official launch of the Lagos Economic Development Update (LEDU) 2025 on Wednesday, according to a social media post by Sanwo-Olu. PPPs are used to determine pric...
The bureau said the growth rate is also higher than the 3.46 percent recorded in the fourth quarter of 2023. According to the report, the performance of the GDP in the period reviewed was driven mainl...
In its GDP report published on Tuesday, NBS said the growth rate is higher than the 3.46 percent recorded in Q3 2024. The bureau said the growth rate is also higher than the 3.46 percent recorded in t...
