A change in the base year and GDP computation methodology has increased the size of the Nigerian economy. India, too, is in ...

Nigeria has undertaken two major GDP rebasing exercises in the past decade, first in 2014 and most recently in 2025. These statistical recalibrations, while technical in nature, offer significant ...

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Countless factors contribute to the economy of a nation as big as Nigeria. One that occasionally gets overlooked is how youthful the country is right now. With an estimated population of nearly ...

Nigeria’s 2024 GDP now stands at N372.82tn ($244bn) at current prices, up from the $187.76bn estimated by the World Bank, after the country’s National Bureau of Statistics changed the base ...

ABUJA, July 21 (Reuters) – Nigeria’s economy expanded by 3.13% year-on-year in the first quarter of 2025, the statistics office said on Monday, following the rebasing of its gross domestic ...

Nigeria’s real estate sector has overtaken crude oil and natural gas as the third largest contributor to the country’s Gross Domestic Product (GDP), following the rebasing of GDP to 2019 base ...

This level of crypto adoption, however, hasn’t produced significant GDP growth — but it has supported Nigeria’s digital economy, which contributed 18.4% to GDP in Q4 2023.

Nigeria's economy grew 7.68 percent in the fourth quarter last year, faster than the 7.40 percent in the previous quarter, the national bureau of statistics (NBS) said on Tuesday.

Nigeria's economy grew 7.36 pct in the full year 2011, down from 7.98 pct in 2010, largely in line with expectations. The decline in growth reflects global economic sluggishness.

Nigeria's inflation rate rose to 34.80% in December from 34.60% in November, the statistics office said last week, noting that food and non-alcoholic beverages contributed the most to price pressures.