GDP

Nigeria Records 2.51% GDP Growth In Q2 2023

November 23, (THEWILL) - Nigeria’s Gross Domestic Product (GDP) grew by 2.51% year-on-year in real terms in the second quarter of 2023, which is 0.2% points higher than 2.31% recorded in the previous quarter but 1.03% lower compared to...

MAN Worried Over Challenges To GDP Contribution

October 15, (THEWILL) - The Manufacturers Association of Nigeria (MAN) has noted that the best way to attend to all monetary needs of the manufacturing sector is by creating manufacturers bank whose responsibility will focus on the manufacturing sector....

Telecom Contribution To GDP Hits 16% – Danbatta

September 10, (THEWILL) - The telecommunications sector’s contribution to the nation’s Gross Domestic Product (GDP) has increased significantly to 16 per cent in the second quarter of 2023, according to the data reported by the Nigerian Communications Commission (NCC)...

Backward Integration: Receding Agric Fortune Mirrors Troubled Consumer Goods Firms

September 03, (THEWILL) - Nigeria’s agricultural sector has been on a steady decline in the past seven years, according to data by the National Bureau of Statistics (NBS). After the second quarter (Q2) of 2016 when it achieved a...

Nigeria’s GDP growth slows to 2.51% in Q2 2023

August 25, (THEWILL) - Nigeria’s Gross Domestic Product (GDP) grew by 2.51% year-on-year in real terms in the second quarter of 2023, which is 0.2% points higher than 2.31% recorded in the previous quarter but 1.03% lower compared...

Nigeria’s Economic Growth To Remain Slow At 3% In 2023 – KPMG

April 05, (THEWILL) – Nigeria’s Gross Domestic Product (GDP) will grow at a slow pace of 3 percent in 2023, KPMG has said in its latest report. The report released on Tuesday, titled ‘Global Economic Outlook – H1 2023’,...

Cash Crunch: Expert Predicts Drop in Q1 Nominal GDP

March 15, (THEWILL) - Former CEO, National Bureau of Statistics (NBS) and Statistician-General of Nigeria, Dr Yemi Kale, has predicted that Nigeria’s nominal Gross Domestic Product (GDP) in first quarter (Q1) of 2023 will drop by as much...

Q3 GDP: Transportation, Financial Sectors Lead In Growth

Nigeria’s transportation and financial sectors led the list of the fastest-growing sectors in the third quarter of 2022, printing real growths of 41.59% and 12.7%, respectively. This is contained in the Q3 2022 Gross Domestic Product (GDP) report released by...

Nigeria Records Highest GDP Growth Since 2016 Recession

SAN FRANCISCO, February 24, (THEWILL) – The Gross Domestic Product (GDP) has recorded a growth of 2.55 per cent (year-on-year) in real terms in the fourth quarter of 2019, the highest since the recession in 2016. This was revealed in...
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Lack Of Love Not Enough – Akwa Ibom Court Rejects Divorce Petition After 43-Year Marriage

An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
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