Following the recent disclosure by the Debt Management Office (DMO) on Nigeria’s Debt stance, analysts have stressed that Nigeria’s debt is at the highest level and…
Browsing: GDP
The United States GDP contracted 0.9% in the second quarter of 2022, putting the country into a technical recession after two consecutive quarters of negative growth.…
Fitch warned that rising debt levels and global interest rates could lead to downgrades in as many as 10 African countries, with Kenya, Ghana, Lesotho, Namibia,…
Egypt’s Finance Minister Mohamed Maiit, on Wednesday, said the country’s debt will decline below 90% of its gross domestic product by the end of the fiscal…
Nigeria’s Gross Domestic Product (GDP) grew by 0.11 per cent in Q4 2020, from the 6.11 per cent contraction in Q3, signalling a gradual recovery from…
The latest data by the United Nations Economic Commission for Africa (UNECA) shows that on average over 10 percent of export revenues and primary income in the region is spent on debt repayments.
Minister of Communications and Digital Economy Dr Isa Ali Ibrahim Pantami has directed the Nigerian Communications Commission (NCC) and National Information Technology Development Agency (NITDA) as…
A new report called e-Conomy Africa 2020, released in South Africa by Google and the International Finance Corporation (IFC), estimates that Africa’s Internet economy has the…
No economy thrives on mono commodity trade, none. This is a dynamic the famous Adam Smith understood so well and explained in his piece “Wealth of…
Latest figures have shown that Nigeria’s economy contracted by 6.1% in real terms in the second quarter of 2020 compared to a year earlier. These figures,…