By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Gross Domestic Product (GDP) grew by 6.99 percent (6.99%) in the Fourth Quarter (Q4) of year 2012. This is contained in the Revised 2011 Estimates for First to Fourth Quarter of year 2012’s GDP for Nigeria from the Presidency as prepared by the National […]
Tag: Gross Domestic Product
‘Nigeria to Maintain Positive Macro-Economic Indices in 2013’
Economic analysts have predicted that the Nigerian economy will maintain positive macro-economic indices in 2013. According to a report, the analysts said Nigeria would see higher growth, higher equity valuations, robust reserves accretion, firm oil prices and slightly lower inflation next year. They said the nation’s Gross Domestic Product (GDP) […]
Nigeria 2013 budget deficit to fall to 2.17 pct: president
Nigerian President Goodluck Jonathan presented the country’s 2013 budget to parliament on Wednesday, saying the budget deficit would fall to 2.17 percent of gross domestic productin 2013, down from 2.85 percent in 2012. He urged parliament to accept a tighter budget because of ongoing uncertainty over oil prices. Oil makes […]
