GDP

Nigeria Faces Widening Fiscal Deficit as Debt Burden Looms, IMF Warns

The International Monetary Fund (IMF) has issued a stark warning about Nigeria's…

Nigeria’s Debt Service Projected to Surge to $5.2 Billion in 2025, Fitch Warns

Nigeria's external debt service is projected to climb to a substantial $5.2…

Nigeria’s Economy Poised to Weather US Tariff Storm, Analysts Predict Minimal Impact

Despite recent trade policy shifts announced by the United States, economic analysts…

Kenya Targets Debt Reduction Amidst IMF Program Uncertainty

In a move aimed at restoring investor confidence and stabilizing the nation's…

Nigeria’s Debt Service Drops, IMF Assesses Sustainability Amidst Economic Reforms

Recent data from the Central Bank of Nigeria (CBN) reveals a significant…

ICYMI: Lagos Economy Soars to $259 Billion, Cementing Status as African Powerhouse

In a resounding affirmation of its economic prowess, Lagos State has officially…

Nigeria’s Per Capita Income Plummets Again, Exacerbating Poverty Crisis

Nigeria's per capita income has once again declined, falling to a pitiful $835.49 in 2025, according to a sobering new analysis from the International Monetary Fund (IMF). Millions of Nigerians' already precarious living circumstances are being further undermined…

Nigeria’s GDP Growth Rises to 3.46% in Q3 2024, Driven by Services Sector

Nigeria’s Gross Domestic Product (GDP) growth rate in real terms rose to…

NBS Report: Nigeria’s GDP grows 0.51% in Q1 2021

The National Bureau of Statistics, NBS, said the nation’s Gross Domestic Product…

Nigeria exits recession; GDP grows by 0.11% in Q4 2020

Nigeria’s economy exited recession in the fourth quarter of 2020, recording its…