FLASH: The Nigerian economy achieved another positive growth in Q2 2022 with a 3.54% growth rate.

Real GDP YoY Growth Rate:
Q1 2022: 3.11%
Q2 2022: 3.54%

Nominal GDP YoY Growth Rate:
Q1 2022: 13.25%
Q2 2022: 15.03%

Telecoms contributes over 200% more to the economy than Oil & Gas.

Q2 2022 Contribution...
Telecoms: 15%
Crude petrol & Gas: 6.33%

The Nigerian oil sector continues to take a back seat in its contribution to the economy....

Contribution in...
Q2 2022: 6.33%
Q1 2022: 6.63%
Q4 2021: 5.19%
Q3 2021: 7.49%

Growth Rate...
Q2 2022: -11.8%
Q1 2022: -26.0%
Q4 2021: -8.06%
Q3 2021: -10.7%

Agriculture remains the No. 1 contributing sector to the Nigerian economy.

It contributed 23.2% in Q2 2022

TOP 7 CONTRIBUTING SECTORS TO THE ECONOMY IN Q2 2022

1 🌿Agriculture: 23.2%
2 💰Trade: 16.8%
3 📡Telecoms: 15.0%
4 ⚙️Manufacturing: 8.65%
5 🛢️Crude oil & Gas: 6.33%
6 🏠Real estate: 5.33%
7 📊Financial & Insurance: 4.25%

#statisense #yusocial #newscast #finance #cbn #governance #economy
(NBS)

Lady responds to Daddy Freeze's comment that PO's supporters are uncivilized.

17-year-old Teenagers in South Sudan.

They are from the Dinka tribe, which has the tallest group of people in the world. Research is going on to ascertain their gene and 🧬 DNA make up.

Just In: Nasarawa Group Endorses Gov Sule For Second Term

A cultural group in Nasarawa State, Tiv Development Association, on Thursday, endorsed Governor Abdullahi Sule, for a second term in office.

Speaking during the endorsement ceremony, President of TIDA, Peter Ahemba, said their endorsement was because of the governor’s efforts in dealing with insecurity in Nasarawa.

Credit: Sunday

#abdullahisule #tiv #nasarawa #newscast #yusocial

Just In: Singer, Ice Prince, Arrested For Assault

Nigerian singer, Ice Prince, has been arrested by the Lagos State police command, for assaulting a policeman.

The spokesperson for Lagos State police command, Benjamin Hundeyin, revealed this on Twitter on Friday.

He stated that Ice Prince abducted the policeman in his car, assaulted him, and threatened to throw him inside the Lagoon after he consented to be taken to the station.

Hundeyin said, “At 3am today, #iceprincezamani was stopped for driving without license plates. He agreed to be taken to the station. He, thereafter, abducted the police officer in his car, assaulted him and threatened to throw him in the river. He has been arrested and would be arraigned today.”

Credit: Twitter | BenHundeyin

#police #lagos #iceprince #newscast #iceprince #yusocial

Charlie boy aka Area father has come out boldly to throw his weight behind the Labour Party Presidential candidate, Mr Peter Obi.

He made his opinion known via his social media platforms. He insisted that Peter Obi is the one whom he believes will lead Nigeria to save Heavens , having seen his track records.

Area father who calls himself president of frustrated Nigerians, has also promised to mobilize and galvanize support for Obi. He boasted of holding the largest Political movement or rally on behalf of Okwute ndi Igbo

Moving forward , it will be a rocket of campaigns, when INEC will finally lifts the ban on public campaigns in the open. #PeterObi #CharlieBoy #Labourparty #AreaFather #NewNigeria #Newscast #Yusocial

"We Will Do A 3 Million Man March For Tinubu, APC In Ebonyi" - Gov Umahi.

Governor Umahi made this statement yesterday at the swearing ceremony of 13 LGA chairmen and their Deputies. He made it clear that APC in Ebonyi was grounded down to the polling unit level.
Details Shortly..... #newscast #ebonyi #politics #southeast #yusocial

Governor David Nweze Umahi hands N2.6bn to 3,480 youths in Ebonyi State as startup capital, with each beneficiary getting at least N300,000 , or more for personal businesses.

Umahi also opined unequivocally that Ebonyi is 100% #apc and that from top to bottom, they will deliver APC from presidential candidate Asiwaju Bola Ahmed Tinubu in the ward and polling unit level.

#newscast #yusocial #politics #ebonyi #apc