August 28, 2020

Nigerian SME Contribution to The GDP In 2019

SMEs are the engine house for economic growth all over the world. SMEs account for the majority of businesses globally and are important contributors to job creation and global economic development. They efficiently provide and deliver goods and services to regions where they are needed, create job opportunities, develop their communities, and foster healthy competition […]

May 26, 2020

Experts persuade the FG to scale stimulus package for economic revamp

To lighten the effect of COVID-19, financial experts have advised the Federal Government to go beyond the 3.83 per cent aggregate stimulus response for Nigeria economy. They urged authorities to increase support for the Small and Medium Enterprises (SMEs) that constitute over 70 per cent of the economy to keep them afloat. The experts made […]

May 25, 2020

Nigeria’s non- oil sector weakens as GDP expands by 1.87% in Q1 2020

During the first quarter of 2020, Nigeria’s Gross Domestic Product (GDP) grew by 1.87%(year-on-year) in real terms. This performance was recorded against the backdrop of significant global disruptions resulting from the COVID-19 public health crisis, a sharp fall in oil prices and restricted international trade. The performance recorded in Q1 2020 represents a drop of […]