14.07% contribution to GDP: Telecom stakeholders applaud NCC, Danbatta
Operators and stakeholders of Nigeria’s telecom ecosystem have applauded the Nigerian Communications Commission, NCC, for rallying the sector to an unprecedented 14.07 percent contribution to the nation’s Gross Domestic Product…
Finance Bill 2019: NECA expresses concern over passage, says it is anti-people
The Nigeria Employers’ Consultative Association (NECA), has decried failure of the Senate to consider stakeholders submissions before passage of the Finance Bill into Law. Mr Timothy Olawale, the Director-General raised…
Nigeria drags as East Africa records highest GDP in Africa
The African Development Bank (AfDB) says economic growth in East Africa has recorded the highest GDP among other regions on the continent. The statement released by the Development Bank on…
Debt-Distressed African Countries Again Look to IMF
By: Akani Chauke By the International Monetary Fund (IMF’s) own admission, there are circumstances where African governments’ debt levels are so high they become unsustainable, such that the…
Tourism contributes 34% to Nigeria’s GDP, generates 20% employment
June 5, 2018 The National Bureau of Statistics (NBS) on Tuesday said tourism sector accounted for 34 per cent of GDP and about 20 per cent of the nation’s employment…
Nigeria’s GDP grows by 1.95 % in Q1, non-oil sector accounts for 90.3%
May 21, 2018 The oil sector’s contribution to Nigeria’s Gross Domestic Product, GDP remains below 10 per cent in Q1 figures of the nation’s GDP released by the National Bureau…
Nigeria’s GDP records 1.95% growth in Q1 2018; telecom stays afloat
Nigeria’s Gross Domestic Product (GDP) grew by 1.95% (year-on-year) in real terms in the first quarter of 2018, according to data just released by the National Bureau of Statistics (NBS)….
President Muhammadu Buhari extends VAIDS deadline to June 30
April 11, 2018 President Muhammadu Buhari has approved the extension of the Voluntary Assets and Income Declaration Scheme (VAIDS) to June 30. The approval for the extension of the deadline…