GDP

GDP

2020 Budget
MANUFACTURING
Nigeria announced on Wednesday a target to double its manufacturing output to 20 percent of GDP within six years and will set up production hubs across the country ...
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Brexit
INTERNATIONAL
The British economy staged an unexpected fightback in January as manufacturing and retail sales growth recovered from a weaker end to last year, despite mounting uncertainty over Brexit. ...
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VAT
MANUFACTURING
The manufacturing sector contributed about N864 billion of the N3.63 trillion generated as Value Added Tax (VAT) from 2013 to 2018, an analysis by the National Bureau of ...
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GDP
BUSINESS & ECONOMY
The Nigerian Economic Summit Group (NESG) has said that the nation’s real Gross Domestic Product (GDP) will grow by 3.2 percent in 2019. Nigeria Economic Outlook report titled: ...
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NBS
BUSINESS & ECONOMY
The National Bureau of Statistics (NBS), said the services sector of the economy measured by the Gross Domestic Product (GDP) grew by 1.83 per cent in 2018. The ...
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Economy
INTERNATIONAL
The UK economy slowed sharply at the end of 2018, official data showed on Monday, defying analyst expectations and weighing heavily on annual Gross Domestic Product (GDP) growth. ...
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CIBN
BANKING & FINANCE
Surprises and unexpected events may be witnessed in Nigeria’s banking sector, as bankers said there may be more mergers and acquisitions in the 2019 financial period. The bankers ...
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Dollar
BANKING & FINANCE NEWSLETTER
The US dollar was lower against its most major counterparts in the European session on Friday, as a data showed that the nation’s consumer inflation worsened in December ...
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GDP
BUSINESS & ECONOMY
Nigeria’s Gross Domestic Product (GDP) grew by 1.81 per cent (year-on-year) in real terms in the third quarter of 2018. The GDP report released on Monday by the ...
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Recession
INTERNATIONAL
South Africa entered recession in the second quarter for the first time since 2009, data showed on Tuesday, in a stinging blow to President Cyril Ramaphosa’s efforts to ...
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CBN
BANKING & FINANCE COVER NEWSLETTER
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, says the various initiatives aimed at encouraging domestic production has led to a drop in Nigeria’s monthly import ...
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GDP
BANKING & FINANCE INTERNATIONAL NEWSLETTER
Ghana’s Debt-to-GDP ratio has dropped to 57.2% according to the Monetary Policy Committee (MPC) of the Bank of Ghana. In the 2016 Annual Progress report, Ghana’s Total Debt ...
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Ezekwesili
2019 General Elections NEWSLETTER
The presidential candidate of the Allied Congress Party of Nigeria (ACPN) and former Minister of Education, Oby Ezekwesili, has vowed to prioritise human capital development and education if ...
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Dangote
BUSINESS & ECONOMY
Aliko Dangote, Africa’s richest man, and his conglomerate,  Dangote Group, have been reported to be responsible for over 10 percent of Nigeria’s gross domestic product, GDP. Alhaji Aliko ...
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Economy
INTERNATIONAL NEWSLETTER
The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped ...
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Drilling rigs
BUSINESS & ECONOMY
In a bid to make the mining sector to contribute more to the Gross Domestic Product (GDP), the Federal Government has acquired two drilling rigs to be used ...
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US
INTERNATIONAL NEWSLETTER
Core consumer prices in the US rose by their quickest pace in a decade in July and topped market forecasts, keeping the Federal Reserve on track to raise ...
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Sterling
BANKING & FINANCE NEWSLETTER
Sterling slid to its lowest level since June 2017 on Friday as a stronger dollar and continued concerns that Britain could leave the European Union without a trade ...
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Economy
INTERNATIONAL NEWSLETTER
Manufacturing sector falls into recession UK trade gap widened Britain’s economy has rebounded and growth has picked up as the sunny weather has helped boost construction and shopping ...
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Diamond Bank
BANKING & FINANCE
The Chief Executive Officer (CEO) of Diamond Bank Plc, Mr Uzoma Dozie, has disclosed that the mid-tier lender is expected to conclude the sale of its subsidiary in ...
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