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The Nigerian government has made this change after almost a decade, which has resulted in a noticeable jump in the GDP ...
Despite the modest performance compared to a 4.9% forecast by analysts, officials say the rebasing offers a more accurate ...
Nigeria’s economy is about 30 per cent larger than previously thought after the west African nation updated the method by which GDP is calculated, the first rejigging of its statistical model in more ...
Nigeria’s public debt-to-GDP ratio dropped to 39.4 per cent in the first quarter of 2025 following the successful rebasing of the country’s Gross Domestic Product by the National Bureau of Statistics.
Nigeria lost its position as the continent’s biggest economy recently after a roughly 70 per cent slide in the value of the ...
The service, industry, and agriculture subsectors propelled Nigeria's economy's expansion to N372.8 trillion in 2024 ($145.3 ...
The National Bureau of Statistics (NBS) says Nigeria's nominal gross domestic product (GDP) is N372.82 trillion as of 2024 ...
Nigeria’s GDP rises to...: economy is bigger than previously estimated, after statistics authorities changed the way they ...
In a country once defined by oil, Nigeria’s economy is undergoing a quiet transformation. The real engine of growth is no ...
Ongoing reforms at the Nigerian Communications Commission (NCC) may position the telecommunications sector to contribute up ...
Nigeria's economy expanded by 3.13% year-on-year in the first quarter of 2025, the statistics office said on Monday, ...
It might now be the 26th biggest economy in the world, but Nigeria is 121st in terms of GDP per capita. In parts of the north, up to 80 percent of people live below the $1.25 per day poverty line.