The Punch on MSN12h
Nigeria suffers economic downturn as GDP/capita falls 72% – IMF
Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with its GDP per capita plummeting by 72.35 per cent.Data obtained from the ...
Three approaches to measuring GDP and why they matter
Inflation plays a crucial role in GDP measurement by influencing consumer spending, production costs, and overall economic ...
Tribune Online on MSN5d
IMF warns Nigeria’s declining GDP per capita signals shrinking prosperity
Despite Nigeria’s economic growth, a troubling trend has emerged—Gross Domestic Product (GDP) per capita is steadily declining, highlighting the country’s shrinking prosperity.The International ...