Nigeria spends more on subsidy than health, education – World Bank
The World Bank has decried Nigeria's spending on petrol subsidy, which it said had exceeded the government’s spending on health, ...
Tag: GDP
Africa’s GDP declined by $165bn in 2020 – Adesina
Africa's Gross Domestic Product (GDP) has declined by $165 billion in 2020, President of the African Development Bank (AfDB), Dr. ...
World Bank adjusts Nigeria’s growth projection to 2.4%
The World Bank Group has raised its 2021 Gross Domestic Product (GDP) projection for Nigeria to 2.4 per cent, higher ...
Emefiele predicts 3% GDP growth by end of 2021
Governor of the Central Bank of Nigeria, Godwin Emefiele, has said he is optimistic that the country’s gross domestic product ...
ICT sector accounts for 17.92% GDP in 6 months – Pantami
Minister of communications and digital economy, Isa Pantami, has revealed that the Information and Communication Technology (ICT) sector contributed 17.92 ...
Nigeria’s economy records 5.01% growth in Q2 2021
The second-quarter Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS) shows that the country's GDP ...
COVID-19: Oil prices fall on demand concerns
Oil prices edged lower on Monday as climbing Coronavirus cases and tighter restrictions in Europe and China fueled worries over ...