The country’s public debt-to-GDP (Gross Domestic Product) ratio dropped to 43.8 percent at the end of June 2025, down markedly from 61.8 peecent in December 2024, on account of strong currency ...

Nigeria’s latest Gross Domestic Product rebasing, announced by the National Bureau of Statistics in July, has recalibrated the country’s economic size to reflect more recent economic realities. With ...

Gross domestic product, the broadest measure of the economy, grew by an annual rate of 3.0% in Q2, adjusted for inflation. Click to read.

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has cautioned against interpreting ...

The Manufacturers Association of Nigeria (MAN) has called for structural industrial reforms, prioritising manufacturing in ...

(May 26, 2011 Commentary) Rick goes on to show that the Real GDP reported by the BEA, 1.84% to two decimal places, shrinks to 0.56% if the Consumer Price Index were used as the deflator.

The National Orientation Agency (NOA) says foreign exchange (FX) rate volatility remains the only challenge to Nigeria’s ...

Between 1978 and 1981, nominal GDP grew at an annual average rate of 10.9% - real GDP averaged 1.8%, while inflation averaged 8.9%. Understanding this is the key to understanding Fed policy.

It is easy for us to forget that “real” GDP coming out of a recession was, in the past, often in excess of 5%. Thus, we would need a GDP deflator of -1.35% to create NGDP of 3.65%.

Using 2012-Q3's GDP as our base point, our forecasting method has come within 0.02% of the actual figure for nominal GDP that was reported in 2012-Q4, 2013-Q1 and 2013-Q2, or rather, the three ...