News as it breaks
The International Monetary Fund (IMF) has revised upward its economic growth forecast for Nigeria to 3.9% in 2025 and 4.1% in 2026, citing improved macroeconomic indicators, stronger investor confidence, and fiscal stability. The IMF disclosed this in its latest World Economic Outlook (WEO) report released during the ongoing IMF/World Bank…
Nigeria’s economy continued its recovery trajectory in the second quarter of 2025, recording a 4.23% year-on-year growth in Gross Domestic Product (GDP), according to new data released by the National Bureau of Statistics (NBS). This marks a significant improvement from the 3.48% GDP growth recorded in Q2 2024, indicating stronger…
Tax-to-GDP ratio is a measure of a nation’s tax revenue relative to the size of her economy as measured by Gross Domestic Product (GDP).
