GDP

Nigeria's Debt Crisis Deepens With 183% Debt Service To Revenue Ratio

10 Countries In Africa With Highest Debt-to-GDP Ratio

What Is Debt-to-GDP? Debt-to-GDP-ratio is an economic indicator that measures how much debt a country has in relation to its Gross Domestic Product (GDP). Often expressed as a percentage, the ratio is

Victor Ezeja

5 months ago

Business·Latest News

Nigeria’s GDP Growth Dips By 2.98% For Q1 2024- NBS Reveals

The National Bureau of Statistics (NBS) has reported that Nigeria’s Gross Domestic Product (GDP) grew by 2.98% in the first quarter (Q1) of 2024. This marks a slight decline from the 3.46%

Emmanuel Ochayi

6 months ago

Business·Latest News

Investments In Nigeria’s Telecom Sector Hit $77bn In Q2 2023 – NCC

Prof. Umar Danbatta, the Executive Vice-Chairman of the Nigeria Communications Commission (NCC) on Saturday, announced that Nigeria’s telecommunication sector has experienced a surge in investment, thereby contributing significantly to the nation’s

Emmanuel Ochayi

1 year ago

Dabiri-Erewa Hails Nigerian Diaspora For GDP-boosting Remittances, Pushes Diaspora Voting

Dabiri-Erewa Hails Nigerian Diaspora On GDP-boosting Remittances, Pushes Diaspora Voting

Abike Dabiri-Erewa, the chairman and chief executive of the Nigerians in Diaspora Commission (NiDCOM) is full of praises for Nigerians in the Diaspora for consistent contributions and aid to the economy pre

Admin

2 years ago

Nigeria's H1 2023 Economic Review: The Major Headwinds

Why US Increased Interest Rate By 50 Points

In a bid to crush the soaring inflation scourge in the United States, the Federal Reserve has just made its biggest rate hike since 2000 with a half percentage point increase. Noting

Queen Nwabueze

3 years ago

Nigeria’s Economy Grows By 3.4% — New Report

Nigeria has recorded an annual Gross Domestic Product (GDP) growth of 3.4 per cent in 2021, which happens to be the strongest growth in seven years since 2014. Representing the first annual

Queen Nwabueze

3 years ago

Finance & Economy·World News

US Stocks Rebound In Wild Week Trading

Wall Street stocks experienced sharp rally as global markets ended what analysts considered an intense wild week. The benchmark for the US S&P 500 index rose 2.4 per cent just as a

Chimara Bygold

3 years ago

Nigeria's GDP Growth Hit 2.51% In Second Quarter 2023 - NBS Reports

Business

FG Moves To Increase Revenue To 15% Of GDP

The federal government has disclosed plans to increase its revenue to 15 per cent of Gross Domestic Product by 2025. The government disclosed this in its National Development Plan 2021-2025, adding that

PBA Reporter

3 years ago

Technology

ICT’s Contribution To Nigeria’s GDP Hits N8.13tn In Q3 – NBS

The information, Communication and Technology (ICT) sector, according to data collated from the NBS’ reports, contributed N8.13tn to real Gross Domestic Product (GDP) in the nine months to September 2021. The data

PBA Reporter

3 years ago

Finance & Economy

Finance Minister Says Nigeria’s Debt To GDP Still Low At 33%

Minister of Finance, Budget and National Planning, Zainab Ahmed, has claimed that Nigeria’s debt to GDP ratio is still low at 33 per cent Ahmed made this claim during an interview on

PBA Reporter

3 years ago

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10 Countries In Africa With Highest Debt-to-GDP Ratio

Nigeria’s GDP Growth Dips By 2.98% For Q1 2024- NBS Reveals

Investments In Nigeria’s Telecom Sector Hit $77bn In Q2 2023 – NCC

Dabiri-Erewa Hails Nigerian Diaspora On GDP-boosting Remittances, Pushes Diaspora Voting

Why US Increased Interest Rate By 50 Points

Nigeria’s Economy Grows By 3.4% — New Report

US Stocks Rebound In Wild Week Trading

FG Moves To Increase Revenue To 15% Of GDP

ICT’s Contribution To Nigeria’s GDP Hits N8.13tn In Q3 – NBS

Finance Minister Says Nigeria’s Debt To GDP Still Low At 33%

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