gross domestic product

A pair of boxing gloves worn by Nelson Mandela at the height of the anti-apartheid struggle in South Africa lie under a thick layer of dust in a darkened room, the silence broken only by the thud of moths nose-diving onto the glass display case.

Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement plant located in Pout, 60 kilometres away from Dakar, has greatly assisted in strengthening the business relationship between Senegal and Nigeria.

Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the cement plant located in Pout, 60 kilometres away from Dakar, has greatly assisted in strengthening the business relationship between Senegal and Nigeria.

The German economy contracted in the first quarter after the country launched a new round of tough lockdown measures aimed at containing a third wave of the pandemic.

Nigeria Copyright Commission (NCC) has called on Banks and financial institutions to embrace the collateralisation of IP assets to support Small and Medium-Sized Enterprises (SMEs) in the creative sector in order to boost their contribution to the country’s Gross Domestic Product (GDP).

Nigeria presently lags behind its peers in Africa in terms of public expenditure-to-Gross Domestic Product (GDP) ratio, the Director-General, Budget Office of the Federation, Mr. Ben Akabueze, has said.

The Nigerian Communications Commission (NCC) has been charged to enlighten state governments nationwide on the role of telecommunications as a catalyst for economic development.

National Information Technology Development Agency’s (NITDA) dogged passion for ICT development in Nigeria over the years, has contributed to the increase in the Gross Domestic Product, (GDP) and ignited job and wealth creations in the country, Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami FNCS FBCS FIIM, has said.

The total revenue generated by the Nigerian National Petroleum Corporation (NNPC) from crude oil and gas exports fell from $4.84 billion in 2019 to $2.62 billion in 2020.

The Speaker of House of Representatives, Femi Gbajabiamila, has said the film industry contributes 2.3 per cent to Nigeria’s Gross Domestic Product (GDP).

The World Trade Organisation (WTO) says Nigeria is the number one importer of commercial services in Africa.

The Nigerian Investment Promotion Commission (NIPC) says Lagos state is the seventh fastest-growing city in the world, with the highest Gross Domestic Product (GDP) and Internally Generated Revenue (IGR) in Nigeria.

Due to the high demand of the newly developed Pod Borer Resistant (PBR) Cowpea, Agriculture stakeholders have engaged indigenous seed companies for the multiplication and sales of PBR cowpea.

A coalition of civil society organisations under the auspices of Civil Society Groups for Good Governance (CSGGG), has demystified FADAMA project to avert misinformation about the project which started in 1990 and now in its third phase.

The International Monetary Fund said on Tuesday the world economy could recover faster than expected in 2021, revising its January projection up by 0.5 per cent points to 6 per cent.

In its latest Africa Pulse Report for April 2021 titled, ‘COVID-19 and the Future of Work in Africa: Emerging Trends in Digital Technology Adoption’, the bank said Nigeria’s oil sector weakened in the fourth quarter of 2020 despite an increase in oil prices.

Two days to the Easter Celebration, prices of perishable food items have soared in major markets in Lagos, newsmen report.

National leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu, has said the country’s economy is still weak despite exiting recession.

The Central Bank of Nigeria has retained the policy rate at 11.5 per cent despite the country’s three-year high inflation, a decision it said sought to ensure a balance between the need for price stability and growth.

The Federal Government says the country’s livestock sector has a huge economic potential worth over N33 trillion that should be explored and harnessed.

Nigeria has been ranked the 116th happiest place in the world, a spot lower than its position last year, indicating the country’s declining perception on key indicators.

A Federal Government agency has told the National Economic Council, NEC, that the COVID-19 vaccines have now been distributed across 35 states and the Federal Capital Territory, FCT, leaving just one state out.