GDP

Top 5 Stories Of The Day | Nigeria Ranked 12th Poorest Country by GDP Per Capita in 2025

Top 5 Stories Of The Day | Nigeria Ranked 12th Poorest Country by GDP Per Capita in 2025

Across Nigeria’s 36 states and the Federal Capital Territory, these are the top five Nigerian news stories you shouldn’t miss. Nigeria ranked 12th poorest country by GDP per capita in 2025 Nigeria has been ranked the 12th poorest country in the world by GDP per capita, according to new data from the International Monetary Fund... Read More

GDP, information, News, nigeria, Poorest country, Tax Reforms, Tinubu, Top 5 stories of the day

Top 5 Stories Of The Day | FG Denied Allegations Made Against it by Binance Executives

February 15, 2025

Top 5 Stories Of The Day | FG Denied Allegations Made Against it by Binance Executive

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss. FG denied allegations made against it by Binance executive Binance executive Tigran Gambaryan faced backlash from the Federal Government and two House members after alleging that National Security Adviser Nuhu Ribadu and others sought a... Read More

Binance, economy, GDP, IMF, News, nigeria, Politics, trafficking

Top 5 Stories Of The Day | FG Reaffirms English and Maths as Compulsory O-Level Subjects

August 27, 2024

Top 5 Stories Of The Day | FG Approves Age 18 as Age Limit for WAEC and NECO

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss. FG approves age 18 as age limit for WAEC and NECO The federal government has once again introduced a paradigm shift in the educational sector by approving 18 as the legal age limit for students... Read More

economy, GDP, NBS, neco, News, Nigerian News, NUT, nysc, Politics, Top 5 stories of the day, UTME, WAEC

Jim Ovia speaks to the BBC on Fintech and the future of the Nigerian banking industry

With the saturation of the mobile phone market in Nigeria and the advent of Financial Technology startups (Fintech) in the financial services industry, the Nigerian polity has witnessed higher financial inclusion amongst the underbanked and unbanked. In a recent interview with BBC, the Founder/Chairman of Zenith Bank Plc, Mr. Jim Ovia expressed the role of... Read More

BBC, Chairman, Fintech, founder, GDP, Mr.JimOvia, ZenithBankPlc

November 20, 2017

The Late 5: NBS’ report on Nigeria’s GDP, the death of Alex Ekwueme and, other top stories

These are the top five stories that drove conversation today. A former vice president, Alex Ekwueme is dead. He is reported to have died in a London hospital according to family sources. The NBS has reported that Nigeria’s GDP has grown by 1.40 percent in the third quarter of 2017. While Nigerians have been questioning... Read More

Featured, The News Blog

Alex Ekwueme, death of migrants, FIFA referees, GDP, Obaze Oseloka

September 29, 2017

We have just begun! | Trump boasts about GDP increase

President Trump is basking in the feeling arising from the growth in GDP for the last quarter. Trump attributes the upward revise to the excellent performance of his administration. The real estate mogul use the opportunity to slam every doubters of his ability to transform the American economy and promised increased development throughout his time... Read More

donald trump, GDP, obama

Agriculture in Nigera - Photo credit: Guardian Nigeria

September 5, 2017

GDP: what can be done to make Agriculture contribute more?

by Alexander O.Onukwue Agriculture was third in terms of sector contributions to the GDP according to the NBS number published today, September 5. While the services sector, with 53.73%, contributed most to the Real GDP in 2017, industries contributed 23.31% and agriculture 22.97%. One of the major effects of recession was the rapid rise of... Read More

Story of the day

agriculture, economy, GDP, Nigerian Bureau of Statistics, recession, Story of the day

I will speak with Nnamdi Kanu and he will listen – Kalu

Former governor of Abia State, Dr Orji Kalu, has said the agitation for a sovereign state of Biafra is affecting the Gross Domestic Product (GDP) of the South-East. Kalu spoke on Tuesday in Abuja, at a joint press conference with members of the Coalition of Northern Groups (CNG), after a closed meeting with the group.... Read More

biafra, GDP, Nnamdi Kanu, orji kalu, south east, speak

Buhari inherited a bad economy – Soludo

by Dolapo Adelana A former Governor of the Central Bank of Nigeria (CBN), Professor Charles Soludo, has said that the present government inherited a bad economy. “To be fair, this government inherited a bad economy,” Soludo said at an economic talk shop, organised by the Vanguard newspapers. “The previous government had an unprecedented rate of... Read More

Adams Oshiomhole, economy, GDP, Kayode Fayemi, President Muhammadu Buhari, Professor Charles Soludo

December 13, 2016

YNaija Analysis: Like Jonathan, Buhari has become a very dangerous president

In the months prior to the 2015 general elections, the wind of ‘change’ swept through Nigeria. Almost everyone was excited at the prospect of Gen. Muhammadu Buhari (as he then was) unseating the then President Goodluck Jonathan to become president of the country. Chants of “sai baba” were not uncommon in parts of Nigeria and... Read More

depression, dollar, Forex, GDP, naira, nigeria, nysc, Orientation camp, Politics, Solomon Dalung. AECON, sticky, Supr Falcons, ynaija analysis

October 7, 2016

The Media Blog: It’s not only DStv and StarTimes that Nigerians watch on Cable o

What’s the reason why many people are shocked – SHOCKED – by the huge success of platforms like Linda Ikeji Blog and Nairaland? It’s because these are the same people that don’t know that Galaxy TV is one of the two most watched TV stations in Nigeria at any time, and that Africa Magic Urban,... Read More

cable tv nigeria, daarsat, DSTV, GDP, south africa, starsat, The Media Blog, TMB

September 28, 2016

Waziri Adio: Recession as opportunity for reversing resource curse

And, sadly, it came to pass. It is well predicted that most countries blessed with natural resources, even in the best of times, perform worse economically than countries not so endowed; and that, when times are tough, countries that are dependent on natural resources come to an assured grief. There is a popular name for... Read More

Botswana, CBN, crude oil, economy, Forex, GDP, malaysia, NEITI, nigeria, Nigeria Extractive Industries Transparency Initiative, Norway, Rahm's Rule, recession, UAE, Waziri Adio

September 28, 2016

Ayokunle Odekunle: The NES and the way out of Nigeria’s economic problems

by Ayokunle Odekunle While Nigeria is heating up in its economic turmoil, the Nigerian Economic Summit couldn’t have come at a better time. Its importance in these trying times cannot be overstated. Rather, it can only be understated. Following its inauguration in 1993, the Nigerian Economic Summit (NES) is held annually and is organised by... Read More

economic summit, economy, GDP, made in Nigeria, nigeria, recession

September 22, 2016

Manasseh Egedegbe: Can improved oil production lift us out of recession?

by Manasseh Egedegbe I don’t like assumptions, but when you don’t have enough data, and when you also have no idea what will happen to y when x happens, then you have to fall back on assumptions. So I decided to pull out my Excel Spreadsheet, after an interesting conversation with a good friend this... Read More

Economics, Energy, GDP, nigeria, oil production

September 18, 2016

Opinion: Buhari, APC and the road to 2019

by Abiodun Komolafe All things considered, I think Nigeria has been punched into coma and only God can bring her back to life! From the man who opted for a bag of rice in exchange for his son; to the pregnant woman who stole N300.00 to answer the call of a normal symptom of pregnancy,... Read More

2019, Buhari, Change, economy, GDP, nigeria

September 16, 2016

Opinion: Buhari, APC and the road to 2019

by Abiodun Komolafe All things considered, I think Nigeria has been punched into coma and only God can bring her back to life! From the man who opted for a bag of rice in exchange for his son; to the pregnant woman who stole N300.00 to answer the call of a normal symptom of pregnancy,... Read More

2019, APC, Buhari, Change, economy, election, GDP, nigeria, party

September 12, 2016

Emir Sanusi is talking and talking but is he making any sense?

When the Emir of Kano, Emir Sanusi Lamido Sanusi shared an Instagram post with a caption: “Truth is coming, and it cannot be stopped”, not many could have guessed what he had coming. In a series of posts, the former CBN governor and foremost economist has been sharing some truths about how a failing economy like... Read More

advice, economy, Emir of Kano, GDP, nigeria, recession, Sanusi Lamido Sanusi

August 31, 2016

Buhari is completely destroying Nigeria – PDP

The Peoples Democratic Party on Wednesday said President Muhammadu Buhari is “completely destroying the country.” In a statement released by its Director on New Media, Deji Adeyanju, the party quoted the GDP, inflation and unemployment figures of the country to support its claim. According to the PDP, the figures revealed that “the Nigerian President is destroying... Read More

destroying, economy, GDP, inflation, nigeria, PDP, Peoples Democratic Party, President Muhammadu Buhari, unemployment

August 31, 2016

6 key observation from NBS data on the economy

by Joachim MacEbong The Nigerian Bureau of Statistic on Wednesday released a slew of new data on the economy covering GDP, inflation and unemployment figures. Here are the top 6 observations. Recession confirmed: Nigeria’s GDP shrank for the second straight quarter, confirming that the economy is in a recession. 2nd quarter GDP came in at -2.06%,... Read More

economy, GDP, growth, naira, NBS, nigeria, recession

August 19, 2016

PDP wants John Oyegun and his party members to know this… (READ)

The Peoples Democratic Party (PDP) on Friday responded to comments made by the national chairman of the All Progressives Congress (APC), John Oyegun Odigie that the latter has no moral right to criticize President Buhari on the economic situation of the country. Oyegun had said the PDP almost ruined Nigeria during its 16 years reign,... Read More

#MadeInNigeria, All Progressives Congress, APC, Chief Oyegun Odigie, GDP, inflation, Nigeria Economy, PDP, Peoples Democratic Party

August 17, 2016

Mary Olushoga: NGO Regulatory Bill – Why the Nigerian government has it all wrong again

by Mary Olushoga When has the Nigerian government ever gotten anything right? BudgIT a civic technology company focused on promoting good governance in Nigeria by simplifying the government’s budget, made me aware of the recent non-governmental regulatory bill. Using info-graphs, maps, and mobile applications, BudgIT aims to make public data accessible and easier to understand... Read More

AWP Network, Budgit, Eddie Mbadiwe, Financial Derivatives Company, GDP, lekki, Mary Olushoga, NGO, nigeria, Toke Ibru, Umar Buba Jibril

August 15, 2016

Expect trillion naira investments in the transport sector – APTCON

Private transport company owners, under the aegis of Association of Private Transport Companies of Nigeria (APTCON), have called on stakeholders in the sector to tap into every potential the sector has to offer for its growth and development. Speaking on Sunday, the Convener of the association, Dr. Henrietta Onwuegbuzie expressed the readiness of its members... Read More

APTCON, economy, GDP, Henrietta Onwuegbuzie, intrstate, nigeria, transportation

August 15, 2016

Opinion: Digital Rights & Freedom Bill – Laying the foundation for Nigeria’s digital future

by Hon. Chukwuemeka Ujam, Titi Akinsanmi, and ‘Gbenga Sesan Something exciting is brewing in Nigeria. Just coming from a period that saw national outcry against the Frivolous Petitions Bill, popularly known as the “Anti-Social Media Bill”, and the arrest of another blogger, it offers great hope for the future of the country that a new... Read More

africa, Chukwuemeka Ujam, data privacy, Digital Rights and Freedom Bill, economy, FDI, gbenga sesan, GDP, Ghana, ict, intellectual property, Internet, Nieria, social media, Titi Akinsanmi

August 11, 2016

According to Adeosun, this is why Nigeria should change its tax laws

The Minister of Finance, Kemi Adeosun, on Wednesday, said that Nigeria’s tax policy needs to be overhauled because of the low tax to Gross Domestic Product (GDP). Adeosun, who stated this while inaugurating a tax review committee in Abuja, pointed out that Nigeria has one of the lowest tax to GDP ration in the world.... Read More

adeosun, economy, Finance, GDP, growth, nigeria, tax laws

Oluwatosin Olaseinde: You are fired! – Nigerian banking sector (Y! Naira&Kobo)

The economy has been contracting and is on its way to an inevitable recession in the 2nd Quarter GDP. Although we believe the recent news of favourable foreign exchange policy is about to lift the market. Prior to this news, different sectors have employed means to adjust to the prevailing macro environment – inflation reaching... Read More

banking sector, GDP, inflation, nigeria, sack

Oluwatosin Olaseinde: On nation building during a recession (Naira&Kobo)

by Oluwatosin Olaseinde What do you see? Nigeria is at a brink of officially slipping into a recession. For that to occur, there has to be a significant decline in activity across the economy, lasting longer than a few months. It is visible in industrial production, employment, real income and wholesale-retail trade. The technical indicator of a recession is... Read More

budget, Finance, first quarter, GDP, GDP report, naira&kobo, oil output, Oluwatosin Olaseinde

Opinion: Agricultural revolution – Time to make a bold move

By Adekunle Smart Renowned physicist and Nobel Laureate, Albert Einstein once quipped, “In the middle of difficulty, lies opportunity.” A careful consideration of Nigeria’s current economic meltdown reveals the truth behind this aphorism and why serious attention must be paid towards diversifying the economy. In recent times, the country’s forex reserves have dropped below $30... Read More

agriculture, crude oil, Forex, GDP, government, nigeria

Feyi Fawehinmi: The horror movie that is Nigeria’s GDP numbers

Written by Fawehinmi Feyi Nigeria’s GDP figures were released yesterday. For people who like to watch horror movies, the numbers were like a dream come true. There was blood everywhere. The infographic below gives a breakdown by sector You can see that those moving backward are stronger than those moving forward. The overall effect is... Read More

@Doubleeph, Buhari, economy, GDP, government, Medium, nigeria, opinion, policy

Agriculture in Nigera - Photo credit: Guardian Nigeria

SPECIAL REPORT: Agriculture can’t save Nigeria, but agribusiness might

by Mazi Emeka As the Nigerian economy slowly descends into full blown recession, and the national currency nose dives to a historical low, a common rhetoric erroneously uttered – albeit with good intentions, – and widely believed too, is that agriculture will become the proverbial mice that will bail out Nigeria’s troubled economy. As a... Read More

Ada Osakwe, agriculture, Akinwumi Adesina, Cote d’Ivoire, Energy, GDP, growth, Hershey’s, industrial revolution, Kiminori Matsuyama, Mars Inc., Muhammadu Buhari, Nestlé, nigeria, Ragnar Nurkse, technology

Morning Devotion: Eco-no-my, P-D-P, & In-di-mi

This Monday, Joachim looks at Nigeria’s shrinking GDP, the opposition PDP in turmoil one year after losing power, and the donation of a Nigerian billionaire to an American business school. https://soundcloud.com/ynaijaonline/morning-devotion-episode-9

American Business School, economy, GDP, indimi, joachim macebong, morning devotion, PDP

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