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Nigeria: Oil Sector Slows GDP to 1.50 Percent in Q2
Daily Trust, 28 August 2018
The oil sector slowed the nation's real Gross Domestic Product (GDP) to 1.50 per cent in the second quarter of 2018 from 1.95 per cent recorded in the first quarter of the year. Read more »
Oil Output Decline Slows Nigeria's Economy Recovery
Nigeria's oil production has slowed its Gross Domestic Product to 1.5% in the second quarter of 2018 - the lowest the country has produced since it began its path to economic recovery.
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Nigeria: Why Nigeria's Latest GDP Dipped - Experts
Premium Times, 28 August 2018
With latest National Bureau of Statistics (NBS) gross domestic product (GDP) report showing the country's economic growth declined -0.45 per cent points from 1.95 per cent in the… Read more »
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Nigeria: Economy - We're Using Common Sense Approach - Govt
Daily Trust, 29 August 2018
Vice President Yemi Osinbajo has said rather than being restricted by a single economic ideology, the government is using common sense approach in addressing the economic… Read more »
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Nigeria: Investors' Apathy Hits Nigeria's Oil Industry, Investments Drop to $25m
Vanguard, 28 August 2018
A significant decline was recorded in foreign investment inflow into the Nigeria's oil and gas industry in the second quarter of 2018, as total capital imported into the industry… Read more »
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Nigeria: Govt Excited By Non-Oil Sector Growth but Worried By Slight Drop in Q2 GDP
Vanguard, 27 August 2018
Though slightly jolted by the minor slump in its Gross Domestic Product in the second quarter of the year, the federal government is nonetheless excited by the encouraging positive… Read more »
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Nigeria: Nigeria's Tottering GDP Sends Warning Signal
Guardian, 28 August 2018
For the first and second quarters of 2018, the Nigerian economy experienced turbulence, which analysts have already described as similar to the period prior to recession. Read more »
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Nigeria: Oil Sector Depresses Nigeria's Q2'18 GDP
Vanguard, 28 August 2018
The National Bureau of Statistics (NBS) has disclosed that the decline in Nigeria's oil production has slowed the country's Gross Domestic Product (GDP) to 1.5 percent in the… Read more »
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Nigeria: Nigeria's GDP Slowed in 2018 Second Quarter
Premium Times, 27 August 2018
Nigeria's Gross Domestic Product (GDP) slowed in the second quarter of 2018, the National Bureau of Statistics, NBS, said on Monday. Read more »
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Nigeria: Non-Oil Sector Growth Evidence of Nigeria's Economic Recovery - Udoma
Premium Times, 27 August 2018
About 2.05 per cent growth recorded in the non-oil sector in the second quarter of the year is evidence the Economic Recovery and Growth Plan (ERGP) implementation is yielding… Read more »
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Nigeria: Nigeria Records First Strong GDP Growth After Recession
Leadership, 27 August 2018
The Nigerian Bureau of Statistics (NBS) has reported that for the first time since Nigeria's exit from recession, the Gross Domestic Product (GDP) has recorded growth. Read more »
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Nigeria: Nigeria's GDP Grows By 1.5% in Q2 - NBS
Guardian, 27 August 2018
The National Bureau of Statistics (NBS), said Nigeria's Gross Domestic Product (GDP) grew by 1.50 per cent year-on-year in real terms to N16.58 trillion in the second quarter. Read more »
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Nigeria: Excess Oil Revenue Rises to $58m Per Day As Price Hits $76 Per Barrel
Vanguard, 27 August 2018
Nigeria's excess oil revenue has increased from $48.3 million to $58 million per day as international oil price leaps to $76 per barrel Monday from $72. Read more »
InFocus
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The National Bureau of Statistics says that the country's economic growth slowed down slightly in the first quarter of 2018 for the first time since the country pulled out of ... Read more »
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A civil rights group, ActionAid, has said that although the economy is out of recession, most Nigerians have slipped into extreme poverty. The group also called on the government ... Read more »
