Nigeria’s GDP

REPORT: Despite Global Economic Downturn, Nigeria’s GDP Grew By 1.87 Percent In Q1

May 26, 2020. by Ekohot Editor

Nigeria appears to be making fiscal gains despite palpable global economic downturn and plunge in oil prices occassioned by the virulent COVID-19 pandemic. On Monday, the National Bureau of Statistics (NBS) disclosed that Nigeria’s Gross Domestic Product (GDP) grew by 1.87 per cent (year-on-year) in the first quarter of this year. The bureau made the … Read more

Nigeria’s GDP Grows By 2.28% In Third Quarter Of 2019

Nov 23, 2019. by Ekohot Editor

The Nigerian economy has gotten a boost amidst border closure drama as Nigeria’s gross domestic product (GDP) grew by 2.28% in the third quarter of 2019. According to the report gathered from the National Bureau of Statistics (NBS), oil production hits a three-year high as the country’s gross domestic product (GDP) grew by 0.17 percentage … Read more