Tag: GDP

Cooperative Societies Contribute N1.2tri To GDP
November 10, 2021 No Responses

Cooperative Societies Contribute N1.2tri To GDP

The more than 300,000 registered cooperative societies in the country contribute over N1.2 trillion to Nigeria’s GDP annually.  The declaration was made in Abuja on Wednesday by the Cooperative Rating and Award Society of Nigeria (CRASoN).  Its President, Mr Victor...
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Report: Connecting Schools Has The Potential To Boost GDP Up To 20 Percent
July 27, 2021 No Responses

Report: Connecting Schools Has The Potential To Boost GDP Up To 20 Percent

An Economist Intelligence Unit (EIU) report sponsored by Ericsson (NASDAQ: ERIC) has found that nations with low broadband connectivity have the potential to realize an increase in GDP by up to 20 percent by connecting schools to the internet.  A...
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Australia Records First Recession In 30 Years
September 2, 2020 No Responses

Australia Records First Recession In 30 Years

Australia’s economy has plunged into its first recession in nearly 30 years, as it suffers the economic fallout from the coronavirus.  Gross domestic product (GDP) shrunk 7% in the April-to-June quarter compared to the previous three months.  T...
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