A reduction in Nigeria’s per capita income means that, on average, Nigerians are earning less or that economic growth has not ...

Nigeria, Africa’s most populous nation, sits at a critical crossroads. With over 220 million people and projections ...

“A GDP growth rate of 5.5 per cent is achievable if Nigeria continues with stability-focused reforms,” he stated. “However, inefficient policy implementation and economic constraints could ...

The rebasing of Nigeria’s Gross Domestic Product (GDP) stands as a pivotal statistical exercise, one that seeks to recalibrate the nation’s economic measurement framework in line with ...

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.

Nigeria has suffered a severe economic blow, losing an estimated $300 billion in Gross Domestic Product (GDP) over the past eight years. Tilewa Adebajo, CEO of CFG Advisory, disclosed this alarming ...

ABUJA, Jan 20 (Reuters) - Nigeria plans to rebase its gross domestic product and inflation data by the end of the month to capture changes in certain sectors of the economy and to reflect current ...

Nigeria’s immediate past president, Muhammadu Buhari, has reiterated that the country’s economy and security were in good shape under his administration. Buhari made the remarks on Wednesday ...

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 ...