Business Hilights

Tracking Nigeria's Headline Business News Online



Why NBS, NCC figures are more credible to CB Insights report on sector growth

Nigeria and other African governments that did not take issues of gathering, processing and disseminating development statistics serious will continue to fall prey to unreliable data presented by the western world on Africa’s development. This was the summary of the…


How telecoms sector’s N1.5tn to GDP in Q2 exited Nigeria from recession—NCC

Indications have emerged that but for the pumping in of well over N1.5 trillion to the economy within the second quarter by the telecoms sector, Nigeria may not have exited recession within the period. This was made public by the…

Data from one quarter not enough to declare out of recession—Dev. Economist

Leading Abuja based Development Economist and economy analyst, Mr. Odilim Enwegbara, has reacted to the use of data from just one quarter by the National Bureau of Statistics (NBS) to declare Nigeria is out of recession. In an interview, he…

Onovo queries if it’s right to call 0.55 rise in GDP, a growth in economy?

Petroleum engineer, public affairs analysts and former presidential candidate of National Conscience Party (NCP) during the 2015 general elections, Chief Martins Onovo has taken a swipe on the claims by the National Bureau of Statistics (NBS) that Nigeria exited recession…