Macroeconomic Report & Economic Updates
July 24, 2017
Nigeria Economic Update (Issue 28)
Latest monthly economic report by the CBN reveals a decline in foreign exchange flows through the CBN. Foreign exchange inflow through the apex bank, dropped Month-on-Month by 21 percent to $2.3 billion in May 2017, occasioned by the fall in from Oil and Non-oil sources during the month.
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Gross Domestic Product Growth Rate And Contribution To GDP (ITC)
Gross Domestic Product Growth Rate: The information and communication sector has grown overtime but witnessed an unusual decline in 2011, which has remained low in 2016Q1 possibly due to declining con