Nigeria is also among the informal MINT group of nations (Mexico, Indonesia, Nigeria, and Turkey) and acknowledged as one of the Next Eleven economies, a collection of nations likely to rank among the top ones in the world in the twenty-first century....
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...
Nigeria is one of the most populous countries in the world; its rank is merely seventh. However, in Africa, it is most populous country. Surprisingly, the economy of Nigeria is one of the fastest growing economies of the world. Likewise, it is enlisted as the “Next Eleven” economies alo...
The budget includes a deficit of 13.8 trillion naira, or 3.87% of estimated GDP, Atiku Bagudu told reporters after a cabinet meeting in Abuja. The 2025 budget also includes a forecast exchange rate to the U.S. dollar at 1,400 naira, stronger than its official closing ra...
This will help unlock US$6 billion of additional GDP in 2026, representing 1.01 percent of the country’s GDP, meaning Nigeria will rank in 4th place among the world’s economies realizing the maximum economic benefits of real-time payments. “Nigeria is fast becoming a posterchild across ...
Nigeria has highly negative net exports and therefore deep international trade deficits under the vehicles and machinery including computers product categories. Nigerian Export Companies Five Nigerian corporations rank among Forbes Global 2000 including three regional banks, an insurance conglomerate and a con...
This study delves into the intricate relationship between digital finance infrastructure and the growth of commercial banking firms in Nigeria. Through a c
Accordingly, high-income countries rank at the top of the list and countries with low income and low health standards have the lowest share. The worldwide increase in access to and improvement of sanitation facilities, human development, and healthcare directly affect tissue and hygiene paper ...
but most farmers in Nigeria live below the poverty line of $1.90, based on purchasing power parity (World Bank, 2016), because of the uneven distribution of wealth and income11. The “high” GDP rank notwithstanding, many are living below the world’s poverty line. This research believes th...
He is the National Head of the All Progressives Congress party. He plays a major role in the affairs of the All Progressive Congress (APC) and gathered most of his wealth from his assets in Lagos State. He currently has anet worthbillion, this makes him rank as one of the richest Niger...