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Stories published on May 7
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  • Stories published on May 7

Tuesday, May 7

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FG to grow Nigeria’s GDP to over $1trn, targets 80m jobs in 8 years

blueprint.ng

The Minister of Mines and Steel Development, Prince Audu Shuaib Abubakar, Tuesday said the federal is to grow the size of Nigeria’s Gross Domestic Product (GDP) to over $1 …

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Agric sector generates over N7trn annually to Lagos GDP – Commissioner, Olusanya

www.vanguardngr.com

The agricultural sector contributes over N7 trillion annually to Lagos State's Gross Domestic Product, GDP, in the food sustainability and security system policy of the state, according to the state's Commissioner for Agriculture, Ms.…

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Agriculture contributes N7trn to Lagos GDP — Commissioner

tribuneonlineng.com

Tribune Online; Agriculture contributes N7trn to Lagos GDP — Commissioner

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Putin orders to boost tourism sector share in GDP to 5% by 2030

tass.com

The head of state also ordered to increase exports of tourist services threefold by 2030 as compared to the level in 2023

Monday, May 6

18

India News | Ind-Ra Raises India's GDP Growth Estimate for FY25 to 7.1 Pc

www.latestly.com

Get latest articles and stories on India at LatestLY. India Ratings and Research on Monday revised upward the country's GDP growth estimate for FY25 to 7.1 per cent from 6.5 per cent earlier.

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Low Assets-to-GDP in Banks Explains Recapitalisation

Low Assets-to-GDP in Banks Explains Recapitalisation The low asset base of Nigerian banks relative to peers makes a compelling case for a recapitalisation exercise, according to Ike Chioke, group managing director, Afrinvest West Africa…

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Business News | Ind-Ra Raises FY25 GDP Growth Estimate to 7.1 Pc: Strong Government-private Investment Propel Economic Momentum

www.latestly.com

Get latest articles and stories on Business at LatestLY. The new projection slightly exceeds the Reserve Bank of India's (RBI) forecast of 7.0 per cent. The agency's forecast indicates higher growth than RBI's for the first and fourth…

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Nigerian banks’ low assets-to-GDP explains recapitalisation

businessday.ng

The low asset base of Nigerian banks relative to peers makes a compelling case for a recapitalisation exercise, according to

Sunday, May 5

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Saturday, May 4

08

Global GDP Expected to Remain at 3.2%, BRICS Poised to Exceed G7 with 3.6% GDP Boost

The International Monetary Fund (IMF) has released its forecast for Gross Domestic Product (GDP) for 2024. According to this forecast, global growth is going to stay the same with 3.2% but many major countries are going to see a decline.…

Friday, May 3

18

IMF sees copper, nickel, cobalt, lithium boosting Sub-Saharan Africa’s GDP by 12%

businessday.ng

Sub-Saharan Africa, home to 30 per cent of the world’s critical minerals could boost the region’s Gross Domestic Product, GDP

12

UK PMI services finalized at 55, indicating 0.4% quarterly GDP growth

www.actionforex.com

UK PMI Services was finalized at 55.0 in April, marking a significant improvement from March’s 53.1 and representing the highest level since May 2023. This level of activity, the highest since May 2023, signals robust growth in the sector,…

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Devt: LASG Contributes 20% Of National GDP – Ope George

newtelegraphng.com

Lagos State currently contributes twenty percent to the country’s Gross Domestic Products. Commissioner for Economic Planning and Budget, Mr Ope George, said yesterday that about N41 trillion Naira is being generated annually from Lagos as…

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Lagos GDP Hits N41trn, Ranks 7th In Africa

leadership.ng

Lagos State government has disclosed that its Gross Domestic Product (GDP) has moved from N27 trillion to N41 trillion within four years of Governor Babajide Sanwo-Olu administration till date. The commissioner for economic planning and…

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‘Lagos contributes N41tr to GDP’

Lagos State contributes N41 trillion (20 per cent) to the country’s Gross Domestic Product (GDP), Commissioner for Economic Planning and Budget, Ope George, has said. According to him, despite many...

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Kenanga keeps 2024 GDP forecast at 4.5-5.0pc on better PMI in April

www.malaymail.com

KUALA LUMPUR, May 3 ― Kenanga Investment Bank Bhd has maintained its forecast that Malaysia's gross domestic product...

Thursday, May 2

00

Lagos GDP hits N41trn, ranks 7th in Africa

blueprint.ng

Lagos state Commissioner for Economic Planning and Budget, Mr. Ope George, has revealed that the state’s Gross Domestic Product (GDP) has increased from N27 to N41 trillion within four years of …