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 ...

Nigeria’s latest Gross Domestic Product rebasing, announced by the National Bureau of Statistics in July, has recalibrated the country’s economic size to reflect more recent economic realities. With ...

The party also pointed out that GDP per capita has plunged from $3,223 in 2014 to just about $1,000, significantly eroding purchasing power.

Nigeria’s gross domestic product (GDP), grew by 3.13 per cent in the First Quarter of 2025 (Q1 2025) in real terms from the 2.27 per cent of Q1 2024, according to National Bureau of Statistics ...

Nigeria’s Gross Domestic Product, GDP, has been rebased from N80 trillion to N205 trillion. The development was announced by the Statistician-General of the Federation, Adeyemi Adeniran.

The National Bureau of Statistics on Monday said that Nigeria’s Gross Domestic Product (GDP) stood at N372.8 trillion in 2024, after the base year for calculating the figure was shifted to 2019.

The National Bureau of Statistics (NBS) has released the long-awaited Rebased Gross Domestic Product (GDP), saying it grew by 3.13 per cent in the First Quarter of 2025 (Q1 2025) in real terms ...

Nigeria’s rebased GDP remains fourth in Africa despite expansion Nigeria lost its position as the continent’s biggest economy recently after a roughly 70 per cent slide in the value of the ...

ABUJA (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 product (GDP ...

Nigeria aims to boost GDP to N23tn by implementing a law requiring 30% value addition to raw materials before export. This move targets a 17% GDP growth and aims to bolster domestic production.

Ongoing reforms at the Nigerian Communications Commission (NCC) may position the telecommunications sector to contribute up to $25 billion annually to Nigeria’s Gross Domestic Product (GDP ...

With a $4.46 trillion GDP and strong GDP per capita, it leads in automotive, engineering, and green technology.