May 23, 2022/Coronation Research The national accounts for Q1 ‘22 by the National Bureau of Statistics (NBS) show that GDP grew by 3.1% y/y compared with the 3.9% y/y recorded in Q4 ’21. This expansion can be partly attributed to positive base effects (GDP grew by 0.51% y/y in Q1 […]
Updates
Nigeria Q1-22 GDP: Growth Outturn Surprises Positively; 2022FY Growth Expectation Revised Upwards
May 23, 2022/Cordros Report According to the recently released data by the National Bureau of Statistics (NBS), domestic economic activities sustained their positive growth momentum for the sixth consecutive quarter. Specifically, real GDP grew by 3.11% y/y in Q1-22 (Q4-21: 3.98% y/y). The growth outturn is in line with Bloomberg’s […]
Industrial Grwoth: Dangote Tasks States on Investments Enablers
May 22, 2022/Dangote Group President of the Dangote Group, Aliko Dangote has challenged state governments to consider as topmost priority, the provision of enabling environment for investments as a potent means of attracting private sector operators to their state for investments. The business mogul who was speaking on the sideline […]
