GDP

As economic hardship bites harder, the contribution of Nigeria's manufacturing sector, makers of the country's indigenous brands, to the Gross Domestic Product (GDP) has witnessed a contraction over the past two quarters. This…

Last year, Lekan Fadolapo, the uncommon regulator in charge of the Advertising Regulatory Council of Nigeria (ARCON), executed with great dexterity his statutory mandate to regulate advertising practice in line with provisions of…

Telecommunications and Information Services has continued its show of positive outlook as it recorded N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GDP), representing 14.13 per cent in…

Consumers will pay more for goods and services as the National Bureau of Statistics, NBS, has said that inflation rate rose to 19.64 per cent in July 2022 from 18.60 per cent in June 2022. The NBS in a report titled ‘CPI July 2022’…

Nigeria's brand value continues to slide downwards as the total value of foreign investment or capital importation into the country dropped by $1.6 billion in the first quarter of 2022. According to the data, capital importation…

In what seems like a bright prospect for domestic tourism in Nigeria, the sector is expected to contribute N3.63 billion to the country’s GDP by the end of 2018. The number of international arrivals in the country and employments…

West Africa’s mobile industry is forecast to contribute more than US$50bn to the region’s economy annually by 2025, on the back of consistent value to the tune of $37bn last year, or 6.7% of GDP. This is according to a GSMA report,…