Tag Archives: NBS

  President  Buhari          Minister for Finance, Adeosun Economic growth as panacea for employment creation The growth of an economy, especially as it relates to the wellbeing of its citizenry, is best measured by the numbers of its productive class that are meaningfully employed. In this piece FRIDAY EKEOBA x-ray government claims to growth in the face of dwindling economic indicators. …

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Telecom Sector Investment Hits $68b, Makes Biggest Contribution To GDP In 6 Years The Nigerian Communications Commission (NCC) has revealed that investment in the telecommunication sector has increased to $68.2 billion from $50million in 2001 and has recorded its biggest contribution of 9.8 percent to the nation’s Gross Domestic Product in six years This was revealed according to remarks by …

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Nigeria officially in recession, GDP growth drops to -2.06% The National Bureau of Statistics, NBS will be releasing the second quarter GDP which will show that the country is officially in recession because the economy shrank by -2% in the second quarter of the year. Key indices that let to this result includes the sharp drop in Nigeria’s soverign revenue. …

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