GDP

Global real GDP improving, but upturn still weak amid downside risks, says OECD

  By  Ben Eguzozie   2.9% global GDP growth in 2024 India sees biggest growth of 7% US, China to…

By businessamlive
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ICT sector lifts Nigeria’s Q1’23 GDP growth by 17.47%

  By Alexander Chiejina   In the first quarter of 2023, Nigeria's information and communications technology (ICT) sector significantly increased…

Africa set to  be  second-fastest growing region after Asia with 4.3% GDP growth in 2024, says AfDB

By Cynthia Ezekwe  The African Development Bank (AfDB) forecasts that Africa will consolidate its post-Covid-19 pandemic recovery to 4.3 per…

Nigeria’s GDP slows to 2.31% in Q1’23 amid cash scarcity, says NBS

By Luther Animashaun & Onome Amuge Nigeria's economic growth rate slowed to 2.31 per cent in the first quarter of…

Lagos Free Zone GDP contribution to hit $12bn in 2032, says promoters

By Cynthia Ezekwe  Promoters of the Lagos Free Zone (LFZ), have projected a significant rise in the revenue generation from…

Climate change to cost Africa 12% per capita GDP growth by 2100

  By Ben Eguzozie   Already lost 5–15% 1986–2015 vs 1% for US, EU   Africa, without strong climate change…

Analysts weigh in on economic, political outlook, see GDP deceleration

BY BEN EGUZOZIE  Election Year 2023 EIU, AfDB in number crunching As Nigeria enters into national elections this year, beginning…

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