Nigeria appears in fourth place with projected GDP growth of 3 percent. The same graphic has also appeared in dozens of other posts on Instagram and Facebook, including a verified account ...

Nigerian President Bola Tinubu on Thursday signed four landmark bills into law aiming to overhaul the country's tax system, after backing away from more controversial tweaks that would have upended ...

But at 19th position globally, Nigeria’s economy will still rank behind Russia, Turkey and Mexico. According to Bloomberg, by 2030, Nigeria will rank among the top 20 largest economies in the world.

For Nigeria, the SUT consists of 46 industries and 217 products, ensuring that the new benchmark for GDP calculations captures the complexity and diversity of the nation’s economy.

Data obtained from the website of the International Monetary Fund indicated that Nigeria’s GDP per capita declined from $3,022 in 2014 to just $835.49 in 2024, signalling a sharp contraction in ...

Nigeria's total public debt could rise to 37.1% of its gross domestic product (GDP) this year, close to the government's self-imposed 40% limit, the country's Debt Management Office said on Thursday.

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 consumption patterns, its ...

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 ...

Nigeria to Rebase GDP and Inflation Data by Month-End, Stats Office Says. More. Reuters. FILE PHOTO: People shop at a fresh food market in Oyingbo, Lagos, Nigeria December 17, 2021.