World Bank Lowers Sub-Saharan Africa’s GDP Growth Forecast as Sudan Conflict Hinders Regional Progress
The World Bank has revised its economic growth forecast for sub-Saharan Africa, citing the ongoing civil war in Sudan as ...
Tag: GDP
Nigeria’s GDP Grows to 3.19% in Q2 2024
Nigeria’s real Gross Domestic Product, GDP, grew by 0.21 percentage points to 3.19 percent in the second quarter of 2024 ...
Sanwo-Olu Targets 15-20% GDP Contribution from Real Estate Sector
Governor Babajide Sanwo-Olu of Lagos State has hinted that his administration is aiming at increasing the Gross Domestic Product (GDP) ...
Nigeria’s GDP Declines to 2.98% in Q1 2024 – NBS
Nigeria’s Gross Domestic Product (GDP) growth declined to 2.98%, lower than the rate recorded in the fourth quarter of 2023 ...
Agriculture Contributes N7trn to Lagos Economy – Olusanya
Abisola Olusanya, Lagos State commissioner for agriculture, has put the contribution of the sector to the economy of the state ...
Lagos GDP Grows to N41 Trillion within 4 Years
The Lagos State Government has revealed that its Gross Domestic Product, GDP, has moved from N27trn to N41 trillion within ...
Nigeria’s GDP Growth Slows to 2.74% in 2023, Marking Lowest Growth Since Recession
The nation’s Gross Domestic Product growth fell to 2.74 per cent in 2023 from 3.10 per cent in 2022, according ...
Nigeria’s Refining Capacity to Boost GDP by 0.4%: Expert Predicts Increased Manufacturing and Intra-African Trade Opportunities
A 50,000-barrel rise in Nigeria’s refining capacity will raise GDP by 0.4%. This is a position stated by Ibukun Omoyeni, Sub-Saharan ...
Africa to lose $30bn in GDP by 2030 due to Climate Change
Africa is projected to lose around $30 billion in Gross Domestic Product (GDP) by 2030 as a result of climate ...
FG to increase GDP to $6,000 by 2030, $33,000 by 2050
The Federal Government has said it plans to increase the country’s per capita Gross Domestic Products (GDP) to US$6,000 by ...
