The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said the current recession, which the Nigerian economy recently slid into
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Helen Grant, the United Kingdom Trade Envoy to Nigeria, has ranked Nigeria as the fastest growing economy in Africa. Grant made this known during the
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Nigeria has officially entered into another recession as the country’s Gross Domestic Product (GDP) contracted for the second consecutive quarter. Thi
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Nigeria’s agricultural export sector experienced strong growth from January to September, 2019. The latest report released by the National Bureau of S
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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 acros
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The British economy staged an unexpected fightback in January as manufacturing and retail sales growth recovered from a weaker end to last year, despi
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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
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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 Econo
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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
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The UK economy slowed sharply at the end of 2018, official data showed on Monday, defying analyst expectations and weighing heavily on annual Gross Do
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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 f
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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 w
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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 Mon
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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 Rama
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The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, says the various initiatives aimed at encouraging domestic production has led to a dro
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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 repo
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The presidential candidate of the Allied Congress Party of Nigeria (ACPN) and former Minister of Education, Oby Ezekwesili, has vowed to prioritise hu
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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
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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
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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
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