Gross Domestic Product (GDP)

Nigeria’s GDP grows by 1.40 percent – NBS report

The National Bureau of Statistics (NBS) says the nation’s Gross Domestic Product (GDP) grew by 1.40 percent year-on-year in real terms in the 3rd quarter. The NBS stated this in a GDP Report for Third Quarter 2017 released in Abuja on Monday. Highlights: The figure showed the second consecutive positive growth since the emergence of... Read More

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Gross Domestic Product (GDP), National Bureau of Statistics (NBS), recession

September 13, 2016

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Nigeria has a defective economic policy – Lai Mohammed

Minister of Information and Culture, Lai Mohammed on Tuesday said Nigeria has a defective economic structure, due to its over-dependence on oil. Alhaji Mohammed made the assertion at a news briefing at his residence in Oro, Irepodun Local Government Area in Kwara State. He said the prevailing economic situation was not about trading blames, as “those... Read More

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