Nigeria’s economy is 30% larger than previously estimated after the statistics agency factored in new sectors to recalculate the country’s GDP.

Nigeria’s recent rebasing exercise has revealed that the economy is more than 30% bigger than previously estimated putting GDP at N372.8trn naira ($243bn) in 2024 – significantly higher than the IMF’s ...

Nigeria must sustain a minimum annual GDP growth rate of 10 percent to achieve its target of becoming a $1 trillion economy by 2030, according to Oliver Alawuba, Group Managing Director of United ...

The International Monetary Fund has revealed that Nigeria’s Gross Domestic Product per capita declined to $835.49 in 2025 from $877.07 in 2024, indicating a 4.74 per cent dip.According to data ...