Nigeria’s real Gross Domestic Product (GDP) grew year-on-year to 1.95 percent in the first quarter of 2018.
According to the National Bureau of Statistics, the performance represents a stronger growth compared with the first quarter of 2017, indicating an increase of 2.87 percentage points.
Compared to the preceding quarter, however, the GDP fell 0.16 percent points from 2.11 percent.
In nominal terms, aggregate GDP stood at 28.46 billion naira, higher in performance when compared to the 26.02 billion naira recorded in the first quarter of 2017
The statistics bureau says the GDP number presents a positive year on year nominal growth rate of 9.36 percent.
Following a report received by the Divisional Police Officer, Township Police Station Bauchi, according to…
The clashes, which lasted for seven days and spread to two other villages, resulted in…
President Tinubu, who is the Chairman of ECOWAS Authority of Heads of State and Government,…
A goodwill message to the army family by the Chief of Army Staff, Lieutenant General…
The bus was reportedly heading to Abuja from the southern part of the country.
Although the 26 plants have a total installed capacity of 12, 199MW, current production of…