President Tinubu made the boast about the achievement in an address to commemorate the second anniversary of his administration in office on Wednesday.
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In a recent report, Adesina was quoted as saying that Nigerians are economically worse off today than they were in 1960 after independence
This was revealed during the official launch of the Lagos State Economic Development Update (LEDU) 2025 report on Wednesday.
JUST IN: NESG projects 5.5% growth in real GDP
Meanwhile, the NBS has proposed 2019 as a new GDP base year and 2024 as a new base year for inflation computation.
The National Bureau of Statistics said this in the Nigerian Gross Domestic Product Report Q3 2024 released in Abuja on Monday.
Africa is a huge consumer market with a population of 1.4 billion and a GDP of $3.4 trillion and currently, South Korea’s trade with Africa accounts for only 1.9 percent of total trade, according to statistics gleaned on Wikipedia at the weekend.
It was gathered that the technology driven system is aimed at providing accurate TV audience information for investors and increase investment in the Nigerian media industry, create jobs and boost sector contribution to Gross Domestic Product, GDP.
In 2023, the sector performed incredibly well, as it contributed 45 percent to the country’s Gross Domestic Product.
Ndukwe said this in Abuja on Tuesday at a two-day Premier Capital Markets Day Event organised by MTN.
Scholz said a special fund of 100 billion euros (107 dollars) for the Bundeswehr is only a first important step, during a Bundeswehr conference.
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Tuesday disclosed that his team is targeting $1 trillion of Gross Domestic Product in eight years.
The Minister of Solid Minerals, Dele Alake, has said that the ministry will add at least 50% to the Nigerian economy, just as he said that the Ministry is poised to attract Foreign Direct Investment to the country.
They made the commendation in separate interviews with the News Agency of Nigeria (NAN) 0n Friday in Abuja
The NBS made this known in the Nigerian Gross Domestic Product Report Q4 2022 released in Abuja on Friday.
Tinubu stated this on Tuesday during his townhall meeting with the Business Community and Organised Private Sector at Eko Hotel and Suites, Victoria Island, Lagos.
The Nigerian pension industry has transited from one with predominantly public sector participants running a defined benefit scheme to a mandatory defined contribution system for all government and private sector employees.
In a statement by the Commission’s Head of Media and Public Relations, Abdur-Rahman Balogun, Dabiri-Erewa said that increase in remittances by Nigerians abroad which has played a significant role in the country’s Gross Domestic Product (GDP), has a great impact on socio-economic growth of the country.
The contribution hit 17.92 per cent in the last quarter of 2020 and achieved same result in the first quarter of 2021.
Today, thanks to ecommerce and digital marketing in particular, even entrepreneurs in niche fields can build a global customer base. Whether they’re building an online fashion empire or selling handcrafted designer decor, an entrepreneur in Accra or Lagos can compete on a global scale with their counterparts in Paris or New York.