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2025-12-02 11:23:42

Telecoms rebound adds ₦7.47 trillion to Nigeria’s GDP

Nigeria’s telecommunications sector is having its strongest run in years as Gross Domestic Product (GDP) contribution increased by 21.49% in Q3, 2025. This is as overall economic growth continued its rebound after years of slow growth, according to new data from the National Bureau of Statistics.

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Telecoms rebound adds ₦7.47 trillion to Nigeria’s GDP

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2025-06-16 14:40:14

Nigeria’s headline inflation falls for second straight month on naira stability

Nigeria’s headline inflation moderated slightly in May, its second slowdown in two months, as a result of relative exchange rate stability and moderating fuel prices. The National Bureau of Statistics reported headline inflation at 22.97%, down from April’s 24.2%, while food inflation declined to 21.14% from 21.79%. The slowdown reflects a 1% naira appreciation in […]

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Nigeria’s headline inflation falls for second straight month on naira stability

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