•Tinubu and ADC logo The African Democratic Congress (ADC) today faulted the Tinubu-led federal government’s celebration of Nigeria’s reported GDP growth, saying the figures do not reflect the economic strain facing ordinary Nigerians. The party’s position speaks to a growing gap between official claims of progress and the daily reality of ris...
•Bismarck Rewane and food stuffs This week witnessed a carnival of official economic figures, with the dominant data being the release of Gross Domestic Product (GDP), which the National Bureau of Statistics (NBS) said grew by 3.13%; and the interest rate, which the Central Bank of Nigeria (CBN) retained at 27.5% for the third consecutive [&he...
The National Bureau of Statistics (NBS) has stated reasons for its plans to incorporate illegal and hidden economic activities, such as prostitution and drug trafficking, into the calculation of Nigeria’s Gross Domestic Product (GDP). The bureau disclosed this during a sensitisation workshop on GDP and Consumer Price Index (CPI) rebasing, orga...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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