GDP Archives - National Wire

Nigeria’s GDP per Capita Once Surpassed China’s and Malaysia’s GDP—When We Ignored IMF — Gbenga Hashim

February 10, 2026 0

…says it was three times China’s per capita in 1976 and doubled Malaysia’s GDP in 1966 Peoples Democratic Party (PDP) presidential aspirant, Dr. Gbenga Hashim, has criticised Nigeria’s continued reliance on the economic prescriptions of the International Monetary Fund (IMF), arguing that the country’s economic decline stems from policy choices shaped by external institutions rather than domestic realities. Hashim made …

Q1-2022 GDP: Nigeria’s Real GDP Continues Northward, Up By 3.1% y/y —United Capital Research

May 31, 2022 0

Last week, the National Bureau of Statistics (NBS) released the Q1-2022 GDP figures showing that the Nigerian economy expanded by 3.1% y/y in real terms in what was broadly a positive surprise as the growth print topped consensus expectations and our in-house forecast.

Nigeria’s GDP Grew By 3.11% In Q1 2022, Says NBS

May 23, 2022 0

Nigeria’s Gross Domestic Product grew by 3.11 per cent in the first quarter of 2022, the National Bureau of Statistics said.

Authority Stealing

November 1, 2020 0

By Kayode Akinrimisi II Authority stealing, authority stealing a song popularised by Fela Anikulapo Kuti is the root cause of the #ENDSARS project rocking Nigeria at the moment. It is a situation where education sub sector is taking N40bn in the national budget and National Assembly is taking N120bn, this is not tenable. Some analysts will say Nigeria actually …

Nigeria’s GDP Grows By 2.28 Per Cent In Third Quater Of 2019

November 22, 2019 0

According to the NBS, the growth rate in Q3 of 2019 represents the second-highest quarterly rate recorded since 2016.

S/East Stakeholders Allege Corruption In SMEs Funding

November 20, 2019 0

Leaders of civil society and Community Based Organisations (CBOs) in the South East states have called for transparency in the disbursement of funds

GDP Slows To 1.94% In Q2

September 3, 2019 0

Nigeria’s Gross Domestic Product (GDP) growth rate dropped to 1.94 per cent (year on year) in real terms in the second quarter of the year (Q2 2019) compared to 2.10 per cent in the preceding quarter, according to the National Bureau of Statistics (NBS).

World Bank Ranks Nigeria Lowest In Human Capital Dev’t

April 11, 2019 0

**To Invest $15bn In Africa In 3 Years Tayo Olanipekun, Washington DC The World Bank has said it will increase its investments in human capital in Africa by 50 per cent in the next funding cycle to include new grants and concessional finance for human capital projects totaling $15 billion in fiscal years 2021-2023. This is coming as the …

Nigeria Must Increase VAT And Excise Taxes, IMF Insists

April 10, 2019 0

Tayo Olanipekun, Washington D.C Nigeria must embark on a comprehensive tax reform to “sustainably increase its non-oil revenue” considered to be among the lowest in ratios to GDP in the world, the International Monetary Fund (IMF) has said. The nation has important development needs “big time” and with its non-oil revenue to GDP at around 3.4 and total tax revenue …

GDP Rises To 2.38% In Q4

February 12, 2019 0

Nigeria’s Gross Domestic Product GDP growth rate increased to 2.38 per cent (year-on- year) in the fourth quarter of 2018 (Q4, 2018), indicating a 0.55 percentage rise compared to the 1.81 per cent growth recorded in the preceding quarter, according to the National Bureau of Statistics (NBS). This also represented an increase of 0.27 per cent when compared to the …