Tag: GDP
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Nigeria’s economic growth hits three-year low in 2023
Nigeria's economy expanded by 2.74 percent in 2023, marking the slowest pace of growth in three years, according to data released by the National...
Nigeria projected to spend entire revenue on debt in two years
Nigeria could spend more than its entire revenue on debt payment by 2025 if its current revenue levels do not improve, the Debt Management...
World Bank cuts Nigerian economy growth forecast again
Nigerian economy will grow at a slower pace in 2023 than projected six months ago, the World Bank says.
Low oil production, foreign exchange restrictions,...
Scorecard is out: CBN’s naira redesign weakened Nigerian economy
The Central Bank of Nigeria-induced naira crunch between January and March weighed down on the economy leading to a decline in growth, the National...
Nigeria’s economic growth slowed in last quarter of 2022
Nigeria's economic growth slowed to 3.52% in the fourth quarter from 3.98% a year earlier, as widespread flooding destroyed farms, oil production declined and...