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Stories published on Jul 9
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  • Stories published on Jul 9

Tuesday, Jul 9

21

Ease Of Doing Business Moves Lagos GDP From N27trn To N41trn

independent.ng

Indications revealed on Tuesday that the Gross Domestic Product (GDP) of Lagos State rose from N27 trillion to N41 trillion under the administration of Governor Babajide Sanwo-Olu for promoting ease of doing business in the state. The…

20

Ease of doing business pushes Lagos GDP to N41trn — Commissioner

tribuneonlineng.com

Tribune Online; Ease of doing business pushes Lagos GDP to N41trn — Commissioner

Nigeria’s 52% Debt-to-GDP Ratio Within World Bank/IMF Ceiling—DMO

businesspost.ng

By Adedapo Adesanya The Debt Management Office (DMO) has reiterated that Nigeria’s debt-to- Gross Domestic Product (GDP) ratio is within the specifications of the World Bank and International Monetary Fund (IMF) for the country’s peer…

19

Lagos GDP grows from N27 Trillion to N41 Trillion under Sanwo-Olu

championnews.com.ng

-PEBEC to assess 50% of Nigeria’s economy with laxity IBRAHIM QUADRI In promoting the ease of doing business, the Lagos State Government says its Gross Domestic Products, GDP have grown from 27 trillion to 41 trillion naira under the…

17

Nigeria’s GDP Set to Rebound to $552 Billion by 2031, Report Predicts

The GDP projections for African nations in 2031, as outlined in the report, relied on growth estimates provided by the International Monetary Fund at the country level. Researchers incorporated these projected GDP figures into their…

16

DMO insists Nigeria’s debt-to-GDP within World Bank, IMF ceiling

guardian.ng

The Debt Management Office (DMO) on Tuesday explained that Nigeria’s debt-to- Gross Domestic Product (GDP) ratio is within the specifications of the World Bank and International Monetary Fund (IMF) for the country’s peer group. The…

15

Lagos plans to increase its GDP from real estate to 20%

www.vanguardngr.com

GOVERNOR Babajide Sanwo-Olu of Lagos State has hinted that his administration is aiming at increasing the Gross Domestic Product, GDP contribution from the real estate sector 5-6 per cent to 15-20 per cent.

13

Nigeria’s debt-to-GDP within World Bank/IMF ceiling – DMO

The Debt Management Office (DMO) says that Nigeria’s debt-to-Gross Domestic Product (GDP) ratio conforms to the standards set by the World Bank and International Monetary Fund (IMF) for countries in its peer group. The Director-General of…

12

‘Libraries can boost nation’s GDP, human capital development’

businessday.ng

Governments have been told to discover the link between libraries and gross domestic product (GDP) and internally- generated revenue (IGR).

Nigeria’s debt-to-GDP within World Bank/IMF ceiling — DMO

www.vanguardngr.com

”It is now imperative that we confront revenues and take decisive actions to further strengthen our revenue streams from all sources."

03

Lagos targets 20% real estate contribution to GDP

punchng.com

Daniel Adaji, Abuja Lagos State Governor, Babajide Sanwo-Olu, has announced the state’s ambition to increase the contribution of the real estate sector to its Gross Domestic Product from 5-6 per cent to 15-20 per cent. Speaking at the…

Monday, Jul 8

17

Russia's GDP growth expected to reach 3.8% in 2024

tass.com

The Russian Ministry of Economic Development said earlier that the national GDP moved up by 4.5% year-on-year in May 2024

15

See which NATO countries spend less than 2 percent of their GDP on defense

NATO’s guidelines say countries should spend 2 percent of their GPD on defense each year. Here’s the breakdown of how much NATO members spend on defense, by GDP.

14

30% of Nigerians with mental illness affects GDP – Expert

ait.live

Nigerians have been urged to take their mental health seriously in the face of the current economic challenges to optimise the country’s Gross Domestic Product, GDP. This was the submission of a mental health expert, Muhammed Audu, at the…

07

Concerns as Nigeria’s debt-to-GDP ratio crosses 50 per cent

guardian.ng

When last month, the Debt Management Office (DMO), announced that Nigeria’s public debt had hit N121.67 trillion, made up of N65.65 trillion ($46.29 billion) total domestic debt and N56.02 trillion ($42.12 billion) external debt, there was…

06

‘58% of informal workforce under 34, contributes half of Nigeria’s GDP’

guardian.ng

FG affirms, commits to supporting SMEs The Informal Sector Economic Report launched to improve the growth of Small and Medium Enterprises (SMEs) in Nigeria through inclusion shows that over 58 per cent of Nigeria’s informal workforce is…

AbdulRazaq explains rationale behind planned first GDP computation

Kwara State Governor AbdulRahman AbdulRazaq at the weekend explained the rationale behind his administration’s move to compute and compile the state’s Gross Domestic Product (GDP) for the first time since

Sunday, Jul 7

21

Informal businesses contribute about 90% to Nigeria’s GDP- Report

championnews.com.ng

.As FG restates commitment to supporting small businesses in informal sector The Informal Economy Report 2024, says businesses in the informal market contribute over half of Nigeria’s Gross Domestic Product (GDP). The report also revealed…

18

Informal sector contributes over half of Nigeria’s GDP – Report

blueprint.ng

The Informal Economy Report 2024 has revealed how businesses in the informal sector contribute over half to Nigeria’s Gross Domestic Product (GDP) with the bulk of them (72.3 per cent) …