Nigeria’s economy

Nigeria’s economy grows 5% in Q2 2021 — strongest since 2014Nigeria’s economy grows 5% in Q2 2021 — strongest since 2014

Nigeria’s economy grows 5% in Q2 2021 — strongest since 2014

Nigeria’s gross domestic product (GDP) increased by 5.01 percent in the second quarter of 2021 — strongest growth since fourth…

4 years ago
Rewane foresees structural reforms, drop in unemployment this yearRewane foresees structural reforms, drop in unemployment this year

Rewane foresees structural reforms, drop in unemployment this year

Chief Executive Officer, Financial Derivatives Company (FDC), Mr Bismarck Rewane, says Nigeria is likely to implement structural reforms this year…

4 years ago
Nigeria’s economy exits recession with 0.11% Q4 growthNigeria’s economy exits recession with 0.11% Q4 growth

Nigeria’s economy exits recession with 0.11% Q4 growth

Nigeria has come out economic recession as it recorded 0.11 per cent growth in its Gross Domestic Product in the…

4 years ago
Hope for Nigeria’s economy as oil price hits $57Hope for Nigeria’s economy as oil price hits $57

Hope for Nigeria’s economy as oil price hits $57

Crude oil prices have continued to rise, hitting $57 a barrel on Tuesday, the highest level in nearly 12 months.…

4 years ago
World Bank predicts Nigeria’s economic growth to resume at 1.1%World Bank predicts Nigeria’s economic growth to resume at 1.1%

World Bank predicts Nigeria’s economic growth to resume at 1.1%

The World Bank forecasts that growth in Nigeria’s economy will resume this year at 1.1 per cent, which is weaker…

4 years ago

Nigeria’s economy can’t survive second lockdown, MAN, LCCI warn

The Manufacturers’ Association of Nigeria, the Lagos Chamber of Commerce and Industry and other economic groups have said Nigeria’s economy…

4 years ago