Despite Nigeria’s economic growth, a troubling trend has emerged—Gross Domestic Product (GDP) per capita is steadily declining, highlighting the country’s shrinking prosperity.The International ...

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’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 ...

The National Bureau of Statistics said some sectors of Nigeria's economy have experienced significant growth since the last GDP rebasing in 2014 and now require proper representation. The marine ...

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.

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 ...