Economic Growth

The Nigeria Economic Summit Group (NESG) has predicted a stronger economic growth in the country in the year 2023 as companies’ new orders, output growth rate, and inventory activities increase. The Chief Executive Officer of NESG, Mr…

The Economic Commission for Africa (ECA), says the continent's growth dwindled from 4.6 percent in 2021 to 3.6 percent in 2022. This is as many African countries are struggling to meet the continent’s development goals due to the impact…

Nigerian is set to commence urgent agricultural farming to enhance the economy in the country. An expert, former Statistician-General and CEO of the National Bureau of Statistics (NBS), Dr. Yemi Kale stated this after a survey conducted…

The Forum of Governors on the platform of the All Progressives Congress, APC has reiterated their commitment to strengthen their states by stimulating economic growth and reducing poverty. In a press statement signed by the…

The World Bank says Nigeria’s economy is expected to grow by 2.4 percent in 2021 owing to support by the service sector. According to source, the Bretton Woods Institution said this on Wednesday in its October edition of…

More long lasting family businesses need to emerge in Nigeria in order for the country to realise its desired growth potentials of four percent – six percent yearly, post-COVID-19. This is the assertion of professional services company,…

Malawi President Lazarus Chakwera said on Wednesday that economic growth was projected at 3.8% in 2021, down from an earlier estimate of 6.1%, owing to the impact of COVID-19 on multiple sectors of the economy. The president delivered…

The African Development Bank (AfDB) has assured that Africa's coronavirus-ravaged economies will bounce back, projecting a 3.4%  growth in 2021 and 2.4% progress in 2022. According to the AfricanEconomicOutlook2021, Africa's…