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How Nigeria, Others Can Grow GDP, Reduce Dept Levels- IMF

The International Monetary Fund (IMF) has advised countries to adopt a fiscal policy mix that involves research and development (R&D) grants for innovative start-ups...
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

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)...
Business

We Won’t Increase Taxes, FIRS Boss Assures Companies

Acting Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has allayed fears being expressed by corporate organisations that the resolve of FIRS...
Business

Uwaleke Calls For Reset Of ‘Faulty Economic Structure’ As Fuel Subsidy Removal Cripples Nigeria’s Transport Sector

Nigeria’s fuel subsidy removal crippled the country’s transportation and storage sector as activities contracted by -50.64 per cent in real terms in the second...
Business

Nigeria’s GDP falls to 2.31% in Q1, NBS blames CBN for economy’s underperformance

The National Bureau of Statistics (NBS) disclosed on Wednesday that Nigeria’s Gross Domestic Product (GDP) growth declined to 2.31 per cent in the first...
Business

Nigeria’s GDP Drops To 3.1% In 2022, Says NBS

The National Bureau of Statistics on Wednesday said Nigeria recorded annual Gross Domestic Product growth of 3.1 per cent in 2022.The NBS disclosed this...
Business

World Bank Reduces Nigeria’s 2022 Growth Forecast From 3.8% To 3.1%

The World Bank has reduced Nigeria’s 2022 growth forecast to 3.1 per cent from a previous forecast of 3.8 per cent.In its latest Nigeria...
Business

Tinubu Reverses Self On Promise To Grow GDP By 12%

The presidential candidate of the All Progressives Congress has reversed himself on achieving double-digit GDP growth when elected as president in 2023.Tinubu reversed himself...

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