Facts in Q&A format

In nominal terms, Nigeria's GDP in the second quarter of 2022 stood at N45 million. The oil sector contributed 6.3% (N2.85 million) to the total real GDP in the second quarter of 2022, down from the figures recorded in the corresponding period of 2021 and the preceding quarter, where it contributed ...

After two consecutive quarters of positive growth, real gross domestic product (GDP) decreased by 0.7% in the second quarter of 2022. The country's GDP per capita (nominal gross domestic product divided by the mid-year population) was US$6,994 in 2021. ...

The World Bank defines “youth” as people aged between 15 and 24. In 2021, the unemployment rate among young people in Nigeria was 19.6%. ...

The second quarter of 2022 comprised exports valued at N7.4 trillion and imports worth N5.4 trillion. The country's trade balance was therefore N2 trillion. ...

The country’s GDP per capita (nominal gross domestic product divided by the mid-year population as per World Bank estimates) was US$2,085 in 2021 ...

The average price paid by consumers for Premium Motor Spirit (Petrol) for August 2022 was N189.46, indicating a 14.89% increase when compared to the value recorded in August 2021 (N164.91). ...

Nigeria's Total Debt Stock (Foreign & Domestic), as of 30 June 2022 stood at N45.5billion (US$103.3 million). ...

The country's GDP per capita (nominal gross domestic product divided by the mid-year population) was US$2,006.8 in 2021. ...

The country’s total public debt was KSh8.2 trillion (roughly US$ 67.6 million) in December 2021, according to Kenya’s central bank. This debt was made up of KSh4.1 trillion in external debt and KSh4 trillion in domestic debt. ...