Purchasing Power Parity (PPP) serves as an economic indicator that accounts for the cost of living and inflation rates across ...

Lagos State’s recent achievement of a Gross Domestic Product (GDP) of $259 billion has positioned it as the second-largest economy in Africa, ...

In comparing the GDP size of countries, I use the purchasing power parity (PPP) values, not current values for two reasons. One is that PPP adjusts prices of a comparable basket of commodities that ...

Purchasing Power Parity (PPP) is an economic metric that compares the relative value of currencies by considering the cost of goods and services in different countries. It provides a more accurate ...

The US Dollar Index rallied in 2024, ultimately rising over 7% and appreciating versus every major currency pair.

The Lagos Economic Development Update is a comprehensive report offering a data-driven assessment of the state’s economic performance ...

"China has entered an 'Age of Sarcasm’. Anywhere outside of state-sponsored parties, entertainment shows, or the comedies and ...

Coming to the current financial year, Virmani expects growth to be at 6.5 percent or higher, while for FY26 he offers a range between 6.5 and 7 percent.

Efficient Group chief economist Dawie Roodt revealed the rand’s fair value compared to where it is trading now.

Lagos is on a bold journey to a $1tn economy by 2052, leveraging policy reforms, infrastructure expansion, and foreign ...

Arvind Virmani proposes a zero-to-zero tariff policy on value-added manufactured goods as an appropriate route in striking ...

“With a GDP of $259bn based on Purchasing Power Parity, we have cemented our place ... The governor added, “Economic indices like PPP are crucial. They highlight real economic strength ...