Tag Archives: Nigeria

Banking Sector Spurred Nigeria’s Economic Growth In 2023, Contributing 4.6% To GDP, Per Report(ForbesAfrica)

Nigeria’s Financial & Professional Services (FPS) sector demonstrated strong performance in 2023, with the banking sub-sector leading the way, contributing 4.6% to the nation’s gross domestic product (GDP), according to the recent State of Enterprise (SOE) 2024 report by EnterpriseNGR, a member-led group focused on developing Nigeria’s FPS sector through collective advocacy. Click here to […]
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Nigeria’s 70% economy boost

See on Scoop.it – Centre for Dynamic Markets Nigeria’s GDP grows 71% to become the 26th largest economy in the world GIBS Information Centre / GIBSIC‘s insight: Dr Lyal White also comments  –  “Nigeria has moved to be the largest economy by GDP size in Africa and has moved to be the 26th-largest economy in […]
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Rwanda and Nigeria are Africa’s most promising markets for global retailers, according to consulting firm A.T. Kearney

Rwanda and Nigeria are Africa’s most promising markets for global retailers, according to consulting firm A.T. Kearney, as foreign investors look at all corners of a continent where a new middle class is expected to keep growing. GIBS Information Centre / GIBSIC‘s insight: Retail, Rwanda, Nigeria –  “Global consultancy AT Kearney in its African Retail Development […]
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GE, Bombardier Among Winners of $4.7 Billion Africa Deal

Transnet SOC Ltd., South Africa’s state-owned ports and rail operator, picked four companies to supply new locomotives as part of a $4.7 billion investment to renew its aging fleet and boost capacity. GIBS Information Centre / GIBSIC‘s insight: rail infrastructure – ” More than two-thirds of Transnet’s capital expenditure will be used to renew and expand […]
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