Nigeria’s annual economic growth rate slowed to 2,51% in the second quarter, data showed on Friday, hurt by a fall in oil production amid a series of reforms by the country’s new president, Bola Tinubu, aimed at reviving Africa’s largest economy. The data, which marks the 11th consecutive quarter of growth, is the first release...
Martin Endjala Namibia’s real Gross Domestic Product (GDP) growth is expected to slow down in 2023 and 2024, due to weaker global demand. Considering the current macroeconomic conditions, the Macroprudential Oversight Committee (MOC) deliberated and deemed it important to recommend a policy intervention on the existing Loan-To-Value ratios (LTV) regulation. Contrary to the robust growth...
A onetime Enugu lawmaker, Mr Nwabueze Ugwu, says that Gov. Peter Mbah’s vision to grow Enugu State Gross Domestic Products (GDP) will depend on the level of security and industrialization. This, he said, would also be achievable if there were adequate power and water supply in the state. Ugwu stated this during an interview with...