ABUJA, May 23 (Xinhua) -- Nigeria's Gross Domestic Product (GDP) grew by 3.11 percent year-on-year in real terms in the first quarter of 2022, despite low oil output in the same period, according to data released on Monday by the National Bureau of Statistics (NBS). The growth rate ...
ABUJA, May 11 (Xinhua) -- Nigeria's economy has seen a strong rebound in 2021, with the annual Gross Domestic Product (GDP) growth hitting 3.4 percent, indicating a steady improvement from the economic recession in 2020, the National Bureau of Statistics (NBS) reported on Wednesday. The lat...
3.3% GDP growth 3.3% growth in 2022 (4). Nigeria’s economy has been unsettled in recent years, but the outlook now looks good with growth of around 3% forecast through to 2028 (5). 76.7 million online shoppers In 2020, the number of online buyers in Nigeria was around 76.7 millio...
肯尼亚(Kenya) VS 尼日利亚(Nigeria) 近30年GDP数据对比 数据来源:世界银行 数据更新日期:2022年9月16日…
2024, with the Gross Domestic Product (GDP) growing by 3.84% on a year-on-year basis. The Statistician-general of the Federation/Chief Executive Officer, National Bureau Of Statistics, Prince Adeyemi Adeniran, in a statement, said the growth rate surpasses the 3.46% recorded in the same [...
More than a decade after the 2008 financial crisis, and six years since the oil crisis, Nigeria’s banking sector continues to grapple with macroeconomic pressures including declining real gross domestic product (GDP) growth rates, rising inflation and unemployment rates, and fluctuating naira-to-dol...
World Bank lead economist for Nigeria Alex Sienaert said that Nigeria's fiscal deficit has reduced from 6.2% of Gross Domestic Product (GDP) in the first half of last year to 4.4% in the first half of this year, with the reforms leading to robust growth in service secto...
5.9% GDP growth rate Egypt’s economy grew by 5.9 percent in 2021, making it one of the fastest-growing economies in the Middle East and North Africa (MENA) region.(3) 14.43% e-commerce growth Egypt’s e-commerce sector is one of the fastest-growing markets in the world. The gl...
The construction industry is a cornerstone of the Nigerian economy, accounting for approximately 4% of the nation's Gross Domestic Product (GDP) and employing a substantial portion of the workforce [1]. This sector not only stimulates economic growth through infrastructure development but also serves...
For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP/capita, level of digitization, and consumer attitudes toward apps. Additional notes:The ...