Tag: Gross Domestic Product

The challenge will be translating Burkina Faso's rich mineral resources and promising economy into stability and development.

The lawmakers noted that between 2018 and 2023, Nigeria recorded over 7,000 incidents of pipeline vandalism, resulting in the loss ...

"...increasing the custom FOB import charges will also increase the final price to be paid by the final consumer"

Mr Tinubu's raft of reforms and policies, both on the monetary and fiscal sides, had a mixed bag of impact ...

The Federal Executive Council (FEC) approved the MTEF last week.

“Without jobs, poor Nigerians will not be able to escape poverty. More than half of the population lives in poverty,” ...

The governor disclosed this on Monday in Uyo.

Mr Adebayo said the data collected would enable a breakdown of the state’s GDP on a local government basis for ...

This project is a collaboration between the Lagos State government and various notable players in the entertainment sector like Ebonylife ...

"We do not intend to introduce new taxes or impose higher tax rates," he said.

Investment in the telecommunications sector in Nigeria is computed from two sources: the Central Bank of Nigeria (CBN), and the ...

Dumo Lulu-Briggs vowed to increase Rivers’ Internally Generated Revenue (IGR) from the present N9 billion to N25 billion a month ...

The agriculture sector grew by 2.05 per cent as its performance was significantly hampered by severe incidences of floods, the ...

The NBS said this growth rate declined from 4.03 per cent in the third quarter of 2021.

The IMF says there has been no improvement in the nation’s budget deficits because of large energy subsidies, but also ...

In his government's final budget, Mr Buhari sets out a record N10.78 trillion deficit, more than N7.35 trillion in 2022 ...

The Centre for the Promotion of Private Enterprise suggests how the nation could rejig its policies in oil output, electricity ...

Experts believe the exploits of women in the oil and gas sector holds brighter prospects for the sector, and invariably ...

The performance was, however, better than a year ago when the economy grew 0.51 per cent in the first quarter ...

“A nation needs to first patronise its own products to grow its economy.”

Growth in the last quarter of the year was however the slowest when compared to the two previous quarters.

At $2,792, Nigeria made the highest average per capita income under Goodluck Jonathan.

The sector contributed 22.35 per cent to the nation's economy, better than the same quarter in 2021 but lower than ...

The international monetary group advises the government to increase VAT to 15 per cent by 2025.

The new plan would see the statistics bureau move to 2018/19 in its adopted price benchmark for calculating the GDP.