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Nigeria posts 3.19% y/y GDP growth in Q-2 2024, services, agriculture,...

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...In terms of contributions, Services, Agriculture, and Industries had a total of 58.76%, 22.61% and 18.62% of overall output growth, respectively. ...Oil sector growth was...

Oil sector projected to boost Nigeria’s GDP growth in Q2-24

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...For the oil sector, we point out that domestic oil production has increased modestly in recent months after declining to 1.43 mb/d (including condensates)...

Nigeria’s economy expands by a surprisingly strong pace, growing 2.98% y/y...

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FRI MAY 24 2024-theGBJournal| Nigeria's economic growth was much stronger than expected in the first quarter of this year, and oil sector growth remained...

2024 Outlook| Expect oil and non-oil sectors to lift Nigeria’s GDP...

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TUE, DEC 26 2023-theGBJournal| While the Nigerian economy remains on a positive growth path in 2023FY, economic activities have been underwhelming due to a...

Quick Take| Nigeria’s Current Account surplus at $3.68 billion in Q3-21...

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SUN 09 JAN, 2022-theGBJournal- According to the Central Bank of Nigeria (CBN), Nigeria's Current Account (CA) printed a surplus position for the second consecutive...

Renaissance Capital cuts Ghana’s 2021 growth forecast to 3.6%, from 4.3%

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THUR 23 SEPT, 2021-theGBJournal- Renaissance Capital (RenCap), a leading emerging and frontier markets investment bank, has revised down its 2021 growth forecast for Ghana...

All eyes on Nigeria’s Eurobond issuance, the potential trigger for much-awaited...

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MON 30 AUG, 2021-theGBJournal-Setting the weak 2Q21 GDP numbers aside- which, according to EFG Hermes Head of Macro Economy, Mohamed Abu Basha- confirms Nigeria’s...

World Bank forecasts Nigeria’s growth to resume at 1.8% in 2021

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By Audrey Lotechukwu TUE 08 JUNE, 2021-theGBJournal-Growth in Nigeria is expected to resume at 1.8% in 2021 and edge up to 2.1% next year, assuming...

How does market sentiment swing from joy to fright?

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...Of government spending and central bank interventions By Rebecca Ellis THUR 08 APRIL, 2021-theGBJournal- March 23rd marked the first anniversary of the current bull market. Exactly...

Lagos Chamber of Commerce & Industry comments on 2020 GDP report

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FRI 19 FEB, 2021-theGBJournal- The Lagos Chamber of Commerce & Industry (LCCI) notes the improvement in quarterly output performance as real GDP growth rose...