Lagos state has emerged as Nigeria’s largest economy based on Gross Domestic Product (GDP). The state, boasting of ₦41.17 trillion, is followed by Rivers, Akwa Ibom, Imo state, and Delta states.

Lagos state has recorded major growth so far in its economy and emerged first in the list of top Nigerian states with largest Gross Domestic Product (GDP).

The Gross Domestic Product (GDP) of Lagos State has moved from N27 trillion to N41 trillion in the last four years, Commissioner for Economic Planning and Budget, Ope George, has said.George hinted ...

In terms of GDP in Africa, George said the state is currently ranked 7th, adding that Lagos contributes at least a minimum of over 20 percent of Nigeria’s GDP. The commissioner said: “Over the last ...

Vice President Kashim Shettima has expressed optimism that the Nigerian economy will experience significant growth soon. Shettima stated this on Thursday in Abuja at the 2nd Chronicle Roundtable, ...

Partner, Tax Services, Stransact Chartered Accountants and Audit, an RSM correspondent firm in Nigeria,  Victor Athe, in this ...

Second, because the state cannot even track them for tax purposes. In his book, Reclaiming the Jewel of Africa, Dr Segun Aganga, a former Minister of Industry, Trade and Investments, said that MSMEs ...

States are battling with taxes too ... After a decade of heavy borrowing to fund infrastructure expansion, the ratio of public debt to GDP in Nigeria increased… Under IMF’s Debt Sustainability ...

“Owing to the peculiarity of Cross River State regarding its lean finances occasioned by low Statutory Federal Allocation and aggravated by the unfavourable State GDP to Debt servicing ... on 1 May as ...

Lagos State currently contributes twenty per cent to the country’s Gross Domestic Products (PDP). Commissioner for Economic Planning and Budget, Mr Ope George said on Thursday that about N41 trillion ...

As FG approved a pay increase for some civil servants, NLC called for an extension of the increase to all workers ...

Widespread celebrations erupted across several states in Nigeria following the announcement by governors of a salary increment for their employees.