Global real GDP improving, but upturn still weak amid downside risks, says OECD
By Ben Eguzozie 2.9% global GDP growth in 2024 India sees biggest growth of 7% US, China to drop 1.0%; 5.1% (2024) Real
Tall order for Tinubu hitting 6% GDP target, says KPMG
By Onome Amuge President Bola Tinubu, in his May 29 inauguration speech, set a target to raise Nigeria’s gross
ICT sector lifts Nigeria’s Q1’23 GDP growth by 17.47%
By Alexander Chiejina In the first quarter of 2023, Nigeria’s information and communications technology (ICT)
Africa set to be second-fastest growing region after Asia with 4.3% GDP growth in 2024, says AfDB
By Cynthia Ezekwe The African Development Bank (AfDB) forecasts that Africa will consolidate its post-Covid-19 pandemic recovery to
Nigeria’s GDP slows to 2.31% in Q1’23 amid cash scarcity, says NBS
By Luther Animashaun & Onome Amuge Nigeria’s economic growth rate slowed to 2.31 per cent in the first quarter of 2023 due
Lagos Free Zone GDP contribution to hit $12bn in 2032, says promoters
By Cynthia Ezekwe Promoters of the Lagos Free Zone (LFZ), have projected a significant rise in the revenue generation from the
Climate change to cost Africa 12% per capita GDP growth by 2100
By Ben Eguzozie Already lost 5–15% 1986–2015 vs 1% for US, EU Africa, without strong climate change policies, could
Analysts weigh in on economic, political outlook, see GDP deceleration
BY BEN EGUZOZIE Election Year 2023 EIU, AfDB in number crunching As Nigeria enters into national elections this year, beginning with
NESG proposes $9trn GDP target for Nigeria by 2050
By Cynthia Ezekwe The Nigerian Economic Summit Group (NESG) has asked the federal government to target growing Nigeria’s gross
AfDB projects Nigeria’s GDP to grow by 1.5%, W/A by 2.8% and Africa by 3.4% in 2021 if modest fiscal stimulus is sustained
Says counterbalancing forces will keep inflation muted over the medium term as it moderates by 9% in 2021 Africa’s growth performance