GDP
22 Mar
Lagos State’s recent achievement of a Gross Domestic Product (GDP) of $259 billion has positioned it as the second-largest economy in Africa, trailing only Cairo, the Egyptian capital.
14 Mar
Despite Lagos boasting a Gross Domestic Product (GDP) of $259 billion, the daily realities of many residents tell a different story, former Labour Party gubernatorial candidate Gbadebo Rhodes-Vivour has said.
13 Mar
Experts have called for urgent policy reforms and stronger legal frameworks to support women in business and leadership. They also advocated gender equity, corporate accountability and economic policies that recognise women's contributions, saying they are essential to growth.
10 Mar
Rising foreign direct investment (FDI) inflow and fast-growing gross domestic product (GDP) are indicators that the Nigerian economy is regaining its lost grounds faster than anticipated by analysts. With the international finance community
9 Mar
It is indeed a challenging time for Nigerians to believe any positive statistical data relating to income, prices and standard of living due to the hardship experienced by the citizens. When recently the National Bureau of Statistics ( NBS) released the report of the rebased consumer price index(CPI ) which indicated a reduction in inflation…
5 Mar
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, said that while the newly released GDP growth figures by the National Bureau of Statistics (NBS) purportedly indicate a positive trajectory
4 Mar
Recent data mined from Nigeria’s gross domestic product (GDP) reports of 2023 up to the second quarter of 2024 shows that household consumption has consistently dwindled over the period.
27 Feb
Nigeria is at a moment of great potential. With Gross domestic Product (GDP) growing at an average of around three per cent in 2024, the country has a chance to boost economic progress and improve livelihoods. As one of Africa’s largest economies with a fast-growing population
27 Feb
In the last few days, especially after the National Bureau of Statistics (NBS) released its figures on the rebased CPI , which indicated a reduction in inflation figures from 32.5% in December 2024 to 24.5% in January 25, experts have reasonable predicted a considersble difference in the rebased GDP figures when it is released which…
26 Feb
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Federal Government is committed to implementing policies to promote sustainable economic growth. Edun said this in a statement by Mohammed Manga, the ministry’s Director, Information and Public Relations, in Abuja on Wednesday. The News Agency of Nigeria (NAN) reports that…
26 Feb
Nigeria's push for non-oil growth appears to be paying off as the sector’s contribution to output grew to 95.4 per cent in the fourth quarter (Q4) of last year.
25 Feb
Nigeria's effort to diversify its economy from oil appears to be paying off, as the non-oil sector contributed 95.40 per cent to the gross domestic product (GDP) in Q4 of 2024 in real terms. The oil sector could only contribute a paltry 4.60 per cent during the period. The National Bureau of Statistics (NBS), which…
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Iran-backed Huthi rebels in Yemen on Friday reported dozens of overnight air strikes they blamed on the United States, including in the capital Sanaa, saying several people were wounded. In Sanaa, which the Huthis seized in 2014, "American aggression" targeted the international airport and part of the city centre, "damaging houses and businesses", the rebel…
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Bayern Munich on Friday threatened Canada Soccer with legal action after defender Alphonso Davies returned from the March international break with a torn anterior cruciate ligament. In an interview with German tabloid Bild published Friday, Bayern CEO Jan-Christian Dreesen said the club wanted a "complete clarification of the events", accusing Canada Soccer of "gross negligence"…
21 mins ago
Delta State College of Nursing Sciences, Agbor, Delta State, has queried its student, Nurse Osato Edoborfor for posting a video of students disagreeing with the MC on the content of the song rendered during the visit of the wife of the President, Senator Oluremi Tinubu. The MC had taken to the mic during the visit…
21 mins ago
Israel carried out air strikes in southern Lebanon Friday after its defence minister threatened Beirut over new rocket fire, rattling an already fragile truce that largely ended more than a year of hostilities with Hezbollah. It was the second time rockets had been fired from Lebanon since the November ceasefire, and the second time the…
25 mins ago
The National Protest Situation Room of a Non-governmental organisation, CLEEN Foundation, has revealed that the End Bad Governance nationwide protest held across the Six geo-political zones of Nigeria from August 1 to 10, 2024, claimed six lives in Suleja and Tafa local councils of Niger State. This was disclosed by the Executive Director of the…
29 mins ago
The Court of Appeal Ibadan Division has reaffirmed the conviction and sentence of one Osinlu Dongo Tayo (male), a pharmacy technician and a member of the National Association of Pharmaceutical Technologists and Pharmacy Technicians of Nigeria (NAPTTON). Tayo was tried and convicted by the Federal High Court, Abeokuta, on a five-count charge and sentenced to…
30 mins ago
Edo State-owned varsity, Ambrose Alli University (AAU), Ekpoma, said it has been repositioned to deliver on its mandate of providing quality education for the development of the society under the watch of Edo State Governor, Monday Okpebholo. The Principal Assistant Registrar/Head, Information & Public Relations, Otunba Mike Adelegun Aladenika, gave the assurance on Friday during…
32 mins ago
The Lagos State Commissioner for the Environment and Water Resources, Tokunbo Wahab, has charged the citizens to change their attitude to waste management and disposal to collectively achieve a sustainable environment. Speaking while featuring on a television interview programme and an X Space live about the viral insinuation of a smelly city, the commissioner reiterated…
1 hour ago
Intelligence reports have it that three bandit leaders, Kachalla Dan Baba, Kachalla Abu Guddi, and Kachalla Bello Kurma, who operate in Zamfara State have lost their sanity after excessive use of hard drugs. The bandit leaders, according to Zagazola, a counter-security expert, were said to have had sudden mental instability that made their gangs disarm…