The World Bank has forecasted that Nigeria’s economy will grow by 3.5 per cent in 2025 and rise slightly to 3.7 per cent in 2026. This projection, contained in the latest Global Economic ...
Nigeria’s economic growth rate could rise to 5.5 per cent in 2025 if the government sustains stability-focused reforms, the Nigerian Economic Summit Group (NESG) has said. The group’s Chief ...
Chart showing the GDP of Africa’s biggest economies in 2024. Source: International Monetary Fund. Nigeria’s economy placed fourth with a GDP of $199.72 billion, followed by Morocco and Ethiopia.
THE Central Bank of Nigeria (CBN) has announced that the 2025 economic indices indicate a positive outlook, with the nation’s GDP expected to accelerate to 4.17 percent for faster economic growth.
Sectors that drove 2024 GDP growth In related news, Legit.ng reported the top six sectors that drove Nigeria's GDP growth in 2024. According to the NBS GDP report, the Nigerian economy grew by 3. ...
Moses Waniko, a senior official at the National Bureau of Statistics (NBS), said the new exercise could show that Nigeria has a bigger economy than currently estimated. “There are economic ...
As part of the rebasing exercise, 2019 has been proposed as the new GDP base year, while 2024 will serve as the base year for inflation computation. The National Bureau of Statistics (NBS) has ...
a senior official at the National Bureau of Statistics (NBS), said the new exercise could show that Nigeria has a bigger economy than currently estimated. "There are economic activities that have ...