Tag Archives: Gross Domestic Product (GDP)

This article is a brief but detailed analysis of real estate market in Nigeria and how it contributed to GDP based on the report of Nigeria Bureau of Statistics (NBS) report. It is unarguable that the Real Estate market offers a great potential source of growth for Nigeria’s GDP. The real estate industry has been repeatedly touted as an undoubted goldmine ...

Lagos state is unique in many ways. It is the most populous state of Nigeria and is the leading non-oil sector contributor to the country’s Gross Domestic product (GDP). In this piece, Biodun Onayele writes about Lagos and the evolution of Onyingbo market. In 2006, Lagos contributed 30% of the nation’s GDP, consumed more than 60% of its energy, paid 65% ...