Tag: GDP

Nigeria, China trade hits $15.48bn in H1’25

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Compared to the same time in 2024 (H1’24), the amount of commerce between Nigeria and China grew by 34.7% to $15.48 billion between January and July 2025 (H1’25). This was revealed by Yan Yuqing, China’s consul general in Lagos, at a reception honouring the Mid-Autumn Festival, Nigeria’s 64th anniversary of independence, and China’s 76th anniversary of establishment. During the 2024 Forum on China-Africa Cooperation summit, Yuqing announced that Nigeria is now China’s second-largest trading partner in Africa. He credited the increase in trade to the upgrading of bilateral relations to…

FG eyes 21% GDP boost with e-governance bill

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According to the Federal Government, if the proposed National Digital and E-Government Bill is signed into law, the digital economy could significantly increase Nigeria’s GDP, with contributions expected to reach 21% by 2030. This was said by Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, during a stakeholder validation workshop on the bill on Thursday in Abuja. Mr. Rafiu Adeladan, the Permanent Secretary of the ministry, represented him. According to Tijani, the bill is a landmark step in creating a digital economy that is inclusive and resilient. In…