30 results
- 3 Jul 2016
Rise of Disruptive Technologies Vital to Nigeria’s GDP - Airtel
Airtel Nigeria, has described disruptive technologies will contribute significantly to the nation’s Gross Domestic Product (GDP) if ICT start-ups are encouraged to create innovations that deliver…
- 4 May 2025
FG Faults AfDB's Adesina on Nigeria's GDP Per Capita Figures
The Presidency has faulted claim of Akinwumi Adesina, president, African Development Bank (AfDB), on the current Nigeria’s Gross Domestic Product (GDP) per capita figures versus the level it was in…
- 26 Aug 2021
ICT Contribution of 17.92% to Nigeria’s GDP, Its Highest Ever – Pantami
Dr Isa Ali Ibrahim Pantami, minister of Communications and Digital Economy, said the Information and Communications Technology (ICT) has contributed 17.92 per cent to Nigeria’s Gross Domestic Product…
- 20 Apr 2026
BOI, RMRDC Seal MoU to Address Agric Value Chain Challenges, Boost Nigeria’s GDP
Bank of Industry (BOI), Nigeria’s foremost Development finance institution and the Raw Materials Research and Development Council (RMRDC) have sealed a strategic partnership agreement to strengthen…
- 10 May 2024
GSMA Report Highlights Telecom Sector's Contribution to Nigeria's GDP
A recent Groupe Spécial Mobile Association (GSMA) digital economy report has cast a spotlight on the significant contributions of Nigeria's telecom sector to the nation's GDP, highlighting its…
- 25 Oct 2021
CBN’s eNaira to Grow Nigeria’s GDP by $29bn in 10yrs — Buhari
President Muhammadu Buhari has said that the adoption of Central Bank Digital Currency (CBDC) can increase Nigeria’s Gross Domestic Product (GDP) by 29 billion dollars over the next 10 years. Buhari…
- 25 May 2024
Nigeria’s GDP Growth Declined By 2.98 Percent In Q1 2024 - NBS
National Bureau of Statistics (NBS) on Friday said Nigeria’s Gross Domestic Product (GDP) declined by 2.98 per cent in the first quarter (Q1) of 2024. In its latest report, the bureau put the…
- 24 Aug 2020
Pantami Excited as ICT’s Contribution to Nigeria’s GDP Increases to 17.83%
Dr Isa Ali Ibrahim Pantami, minister of Communications and Digital Economy, has expressed happiness over increasing contribution of Information and Communications Technology (ICT), to Nigeria’s Gross…
- 28 Aug 2022
Pantami Excited over 18.44% ICT Contribution to Nigeria’s GDP
Professor Isa Ali Ibrahim (Pantami), Minister of Communications and Digital Economy, has expressed delight over the remarkable contribution of the Information and Communications Technology (ICT)…
- 15 Apr 2026
IMF Downgrades Nigeria’s GDP Outlook, Warns of Rising Risks
Nigeria’s economy is projected to grow at 4.1 per cent in 2026 and strengthen slightly to 4.3 per cent in 2027, even as the International Monetary Fund (IMF) warned that the ongoing Middle East…
- 8 Feb 2019
Nigeria GDP on the Radar ahead of Presidential Elections
By Lukman Otunuga, FXTM Research Analyst, It has been a positive trading week for the Nigerian stock market with the All Share Index pushing higher despite US-China trade talks pessimism denting…
- 26 Aug 2024
Nigeria's GDP Growth Rises to 3.19% in Second Quarter of 2024
Nigeria's economy showed signs of resilience in the second quarter of 2024, with the nation's real Gross Domestic Product (GDP) growing by 3.19%, a slight increase from the 2.98% growth recorded in…
- 29 Aug 2018
Nigeria’s GDP Growth Slows in Q2, Dollar Slips
By Lukman Otunuga, Research Analyst at FXTM Confidence over the health of the largest economy in Africa was dealt a blow after economic growth decelerated in the second quarter of 2018. Nigeria’s GDP…
- 22 Feb 2024
Nigeria’s GDP Grew by 3.46% in Q4 2023
National Bureau of Statistics (NBS) has revealed in a new report that Nigeria’s gross domestic product (GDP) grew by 3.46 percent in the fourth quarter (Q4) of 2023. In its GDP report for Q4 released…
- 9 Jun 2023
Telecom Sector Contributes N2.508 Trillion to Nigeria's GDP
Telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation's gross…
- 23 Sept 2014
e-Commerce 20% Contribution to Nigeria’s GDP Possible–Jumia CEO
Mr. Nicola Martin, co-chief executive officer of Jumia Nigeria recently featured on Channels TV's Business morning show discussing on the topic: ‘Ecommerce as next driver of Nigeria’s Economic…
- 24 May 2017
0.5% GDP Contraction: Nigeria May Shock the Global Arena Soon- Otunuga
Following reports on Tuesday that Nigeria’s economy continued its slump and contracted for a fifth consecutive quarter in the three months through March as oil output declined, a research analyst has…
- 13 Jul 2021
Blockchain Technology to Add $29Bn to Nigeria’s GDP by 2030
Areport by Enhancing Financial Innovation & Access (EFInA) has revealed, that by limiting the barriers currently confronting financial inclusion in Nigeria, blockchain technology will contribute…
- 1 Jun 2020
Pantami Puts TCT’s Contribution to Nigeria’s GDP @ 14.07%
Dr. Isa Ali Ibrahim Pantami, minister of Communications and Digital Economy, has stated that the Information and Communications Technology (ICT) has contributed unprecedented 14.07 percent to the…
- 15 Feb 2024
FBNQuest Research Reveals Nigeria’s GDP to Grow By 3.1% in 2024
FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc recently published the FBNQuest Research Economic Outlook Report. The report indicates that Nigeria's Gross…
- 2 Dec 2025
Nigeria’s GDP Rises to 3.98% in Q3 2025, Driven by Agriculture, ICT, and Finance
Nigeria’s economy expanded by $3.98$ per cent in the third quarter of 2025, according to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS) on Monday.…
- 2 Jul 2025
IMF Raises Nigeria’s 2025 GDP Growth Forecast to 3.4%
International Monetary Fund (IMF) has projected a 3.4 percent expansion in Nigeria’s real Gross Domestic Product (GDP) for 2025, following the conclusion of its annual Article IV consultation with…
- 19 Dec 2021
Commodities Contribute 70% to Nigeria’s GDP, says LCFE
The Lagos Commodities and Futures Exchange has said commodities contribute about 70 per cent to Nigeria’s Gross Domestic Product. Mr Akin Akeredolu-Ale, the Managing Director and Chief Executive…
- 6 Sept 2017
FG to Boost Nigeria’s GDP Via Biotechnology
The Federal Government has announced plans to improve the country’s Gross Domestic Products (GDP) via biotechnology (the use of biological processes in industrial production). Mr Abayomi Oguntade,…
- 29 Jul 2015
MainOne Says Broadband Penetration will Drive Nigeria’s GDP Growth
MainOne, West Africa’s leading Broadband Communications provider, has tipped increased broadband penetration as would drive the nation’s gross domestic product (GDP) growth on the long run.…
- 30 Nov 2023
Digitising Agricultural Processes for Smallholder Farmers to Boost Nigeria’s GDP by $67bn – DG NITDA
With the smallholder farmers producing an estimated 90% of the country’s food and contributing 21% to the Gross Domestic Product (GDP) of $477 billion, rejuvenating the agricultural sector by…
- 30 Jul 2020
NITDA DG Harps on the Role of ICT in Nigeria’s GDP
Mallam Kashifu Inuwa Abdullahi, director general, National Information Technology Development Agency, NITDA, has extolled the contributions of Information and Communications Technology (ICT) sector…
- 12 Feb 2021
FBNQuest Research sees Modest GDP Growth for Nigeria
After slipping into its second recession in 5 years, Nigeria’s economy is projected to expand by 2.0% in 2021 on the back of a modest fiscal stimulus and targeted private investment. This is the view…
- 8 Dec 2017
Fitch cuts Nigeria's 2017 GDP Growth Forecast to 1%
Fitch has cut its 2017 economic growth forecast for Nigeria to 1 percent from 1.5 percent, the ratings agency said on Friday. Nigeria returned to growth in the second quarter of 2017 after shrinking…
- 19 Jan 2017
Nigeria Risks Losing 37% Of GDP to Corruption By 2030- Allianz
Corruption in Nigeria could cost up to 37% of GDP by 2030 if it’s not dealt with immediately, Allianz Global Corporate & Specialty (AGCS) has warned. AGCS is the Allianz centre of expertise for…