GDP
2 days ago
The Federal Government has said that it is working on a strategic plan through the expansion of the Federal Ministry of Livestock Development
27 Jan
The National Bureau of Statistics (NBS) has explained that the plan to rebase the country’s gross domestic product (GDP) and the consumer price index (CPI) is not to satisfy any interest but to ensure that economic indicators accurately reflect the evolving structure of the country’s economy. The Statistician General of the Federation (SG), Prince Semiu…
27 Jan
The new Enugu State Climate Policy and Action Plan (ESCPAP) will increase Gross Domestic Product (GDP) from $4.4 billion in 2023 to an ambitious $30 billion by 2031.
25 Jan
Four years have passed since the African Continental Free Trade Area’s (AfCFTA) operationalisation officially began on January 1, 2021. Designed to create a single market for goods and services, as well as usher in a new era of economic integration within the African continent
21 Jan
National Bureau of Statistics (NBS) has said it decided to rebase the Gross Domestic Product (GDP) and the Consumer Price Index (CPI) because of the dynamism of the economy in terms of growth and recession.
20 Jan
no The National Bureau of Statistics (NBS) has said that it took the decision to rebase the gross domestic product (GDP) and the consumer price index (CPI) because of the dynamism of the economy in terms of growth and recession. It also promised to unveil the rebased GDP and CPI by the end of January…
17 Jan
Nigeria's National Bureau of Statistics (NBS) is planning to rebase the country's GDP and Consumer Price Index (CPI). This process involves updating the base year used for calculating economic metrics to reflect changes in the economy. The current base year for GDP is 2010, while the CPI base year is 2009. Ever since the announcement…
13 Jan
Reminiscing Lagos abortion law controversy and Jonathan’s childbirth control, the country may be on a collision course with multiple religious and cultural institutions as well as humanitarian organisations in the coming months
9 Jan
Nigeria’s statistical agency agency on Thursday said it will add illegal and hidden economic activities while calculating the GDP of an African powerhouse where corruption and black marketeering are rampant. Gross domestic product estimates the size of an economy by calculating the value of goods and services produced. Nigeria is currently the fourth largest African…
9 Jan
The National Bureau of Statistics (NBS) has announced that the newly rebased Gross Domestic Product (GDP) figures will be unveiled by the end of January 2025. The NBS stated this on Thursday during a sensitisation workshop on GDP and the Consumer Price Index (CPI) rebasing, organized by the Nigerian Economic Summit Group (NESG) and the…
7 Jan
The decline in the country’s real sector performance as reported in the 2024 third-quarter gross domestic product (GDP) publication of the National Bureau of Statistics (NBS) did not come as a surprise to many Nigerians
5 Jan
Telecommunications firm 9mobile has projected that it will require about $3 billion in the next four years to reposition its operations in Nigeria. The management of the firm, in an online interaction with the media on Saturday, said there have not been any major investments into the firm in the last eight years. Leading the…
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