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Business

Fuel Subsidy Removal Cuts Petrol Importation By 50%–FG

The Minister of Information and National Orientation, Mohammed Idris, has disclosed on Wednesday that Nigeria experienced a 50 per cent reduction in petrol importation...

Business

Services Sector Drives Growth As Nigeria’s Economy Expands By 3.46% In Fourth Quarter Of 2023

The National Bureau of Statistics on Thursday said Nigeria’s Gross Domestic Product grew by 3.46 per cent in the fourth quarter of 2023.The NBS...

Business

Agency lists factors that ‘ll shape economic growth in 2024

A Pan-African Credit Rating Agency Agusto & Co. has identified three major economic variables that are likely to have far reaching impact on Nigeria’s...

Business

GDP Report Reveals NNPC Limited Winning Fight Against Crude Oil Theft As Oil Production Hits 1.45 Million Barrels Per Day In Q3

A report released by the National Bureau of Statistics (NBS) has revealed that the Nigerian National Petroleum Company Ltd (NNPCL) is winning the fight...

Business

JUST IN: Nigeria’s economy grows by 2.54% in Q3/23 —NBS

Nigeria’s economy grew 2.54% in the third quarter of 2023 the National Bureau of Statistics (NBS) latest report on Nigeria’s Gross Domestic Growth (GDP)...

News

JUST IN: Nigeria records 2.54% GDP growth in Q3

Nigeria recorded 2.4 percent growth in gross domestic product (GDP) in the third quarter (Q3) of 2023.This is according to the National Bureau of...

Business

Economic Reforms Responsible For Slow Growth Of Nigeria’s GDP—Yusuf

Muda Yusuf, the Chief Executive Officer of the Centre for Promotion of Private Enterprise has projected an increase in the Gross Domestic Product (GDP)...

Business

CBN defends Nigeria’s inflation rate, says its not bad compared to other African countries

The rate of inflation in Nigeria has been defended by the Central Bank of Nigeria (CBN), which insisted that it is better when compared...

Politics

Telecom sector’s contribution to Nigeria’s GDP up 14.13% to N2.508trn in Q1

The telecommunications and Information Services sector in Nigeria has, in the first quarter of 2023, delivered a handsome N2.508 trillion in terms of financial...

Business

CBN’s Naira Redesign Policy Cuts Nigeria’s GDP Growth Rate To 2.31% In Q1

Nigeria’s economy has declined by 2.31 per cent in the first quarter of 2023, according to the National Bureau of Statistics (NBS).The NBS disclosed...

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