Capital Market’s GDP Contribution Surges to 33% as Market Cap Hits N123.93 Trillion
The Nigerian capital market has dramatically expanded its economic footprint, with its contribution to the country's Gross Domestic Product rising ...
Tag: GDP
Nigeria’s Rebased GDP Reaches N372.82 Trillion in 2024, NBS Reports
Nigeria’s Gross Domestic Product (GDP) soared to N372.82 trillion in 2024, according to the National Bureau of Statistics (NBS) in ...
Nigeria’s GDP Growth Rises to 3.84% in Q4 2024, Driven by Strong Services Sector Performance
Nigeria’s economy recorded a year-on-year growth of 3.84% in real terms during the fourth quarter of 2024, according to the ...
Nigeria’s Fiscal Deficit Exceeds Projections, Reaches 7.6% of GDP
Nigeria’s fiscal deficit has soared to 7.6% of GDP as of August 2024, far surpassing the initially approved target of ...
World Debt Hits $315 Trillion: Understanding the Global Debt Crisis
The world is currently grappling with an unprecedented global debt crisis, with the total debt amounting to a staggering $315 ...
German Government Debt Increases To €3 Trillion in 2023
According to a press release by Deutsche Bundesbank, the general government debt in Germany rose by €62 billion in 2023, ...
JAPA EFFECT: UK Officially Enters Recession as Economic Downturn Persists
The United Kingdom's economy has officially entered a recession, with the latest data from the Office for National Statistics (ONS) ...
Multinationals Exit Nigeria, Posing Threat to $1 Trillion Economy Goal
In the latter half of 2023, the Nigerian business landscape has witnessed the departure of at least five major multinationals, ...
GDP in Euro Area Declines by 0.1%, While EU Records a Modest 0.1% Increase
The economic performance in the euro area and the European Union (EU) during the third quarter of 2023 has yielded ...
South Africa Poised to Surpass Nigeria as Africa’s Largest Economy
In a recent update to its World Economic Outlook, the International Monetary Fund (IMF) has projected a brief economic ascent ...
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Nigeria’s 2018 Budget in Summary
