Saturday , November 27 2021

Tag Archives: GDP

ICT Q2 Contribution to GDP Rises by 20.54% in One Year

ICT Q2 Contribution to GDP Rises by 20.54% in One Year

…as Sector Contributes 17.92% to GDP in Q2 2021 …Ministry applauds industry growth, contribution to the economy New Statistics has revealed the Information and Communications Technology ( ICT ) sector has contributed 17.92% to Nigeria’s Gross Domestic Product (GDP) in the second quarter of 2021 ( Q2 2021 ). The …

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Nigeria’s GDP to Grow by 2.6% in Q2 2021 – FDC

Nigeria's GDP to Grow by 2.6% in Q2 2021 - FDC

Financial Derivatives Company Limited (FDC) has said the Nigerian economy is expected to grow by 2.6 per cent in the second quarter of this year, up from 0.51 per cent in Q1. Analysts at Lagos-based FDC, led by an economic expert, Mr Bismarck Rewane, said the expansion of the GDP …

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ICT Sector Grew by 14.70% in Q4 2020

ICT Sector Grew by 14.70% in Q4 2020

The Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami is very delighted that the Information and Communications Technology (ICT) sector recorded the highest growth rate of all the sectors of the Nigerian economy in both the fourth quarter of 2020 (Q4 2020) and the entire year 2020. …

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Nigeria to Convert $25 Billion CBN Financing to 30-Year Debt

Nigeria to Convert $25 Billion CBN Financing to 30-Year Debt

…Govt Seeks Two-Years Moratorium on Repayments Nigeria’s federal government has set the terms for the conversion of its stock of central bank overdrafts into long-term notes in a bid to create transparency around its dependence on that source of funding. The 10 trillion naira ($25.6 billion) debt will be exchanged …

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