FINANCE - 06 SEP 2017

Q2’17 GDP: Nigeria’s Economy Expands to End Slump

Q2’17 GDP: Nigeria’s Economy Expands to End Slump
A buzzing market for African wax prints.

Nigeria’s economy grew 0.55% in the second quarter of this year as agricultural and oil output increased. This followed a revised 0.9% contraction in the first quarter. According to a Bloomberg survey of economists, the Q2’17 results missed the median growth estimate of 1.3 percent.

Given the relatively average performance, it is looking increasingly unlikely that President Buhari will achieve his goal to increase the economic growth rate to 7% by 2020.


 

Abdul Abdulrahim

Abdul Abdulrahim

Read Latest

Nigeria remains stuck after 20 years of its Fourth Republic

GOVERNANCE - 12 JUN 2019

The state of Nigeria's Fashion Industry

FINANCE - 11 JUN 2019

Summer Analyst Intern at Stears

OTHER - 31 MAY 2019

Understanding the Almajiri

DEVELOPMENT - 30 MAY 2019

Advertising