News

The African Democratic Congress (ADC) has accused the administration of President Bola Ahmed Tinubu of using Nigeria’s recent GDP rebasing exercise as a 'diversionary tactic' to mask the country ...
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 African Democratic Congress (ADC) has raised concerns over Nigeria’s recent GDP rebasing exercise, cautioning that it should not be interpreted as a sign of economic progress in the face of ...
The African Democratic Congress has criticised the recent celebration of Nigeria’s rebased Gross Domestic Product, calling it misleading and stating that rebased GDP does not translate to food ...
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 ...
Manufacturing sector’s contribution to Nigeria’s GDP drops in Q1 2025 Manufacturing as a share of GDP fell to 9.6 per cent from 9.8 per cent in the corresponding period of 2024.
Real estate, as the third largest Nigeria economy, accounted for 10.78 per cent of the GDP, which NBS attributed to better coverage of the real estate informal sector.
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.
On the national front, the national average per capita income in 2024-25 was only 1.14 lakh. The national average growth rate for the last decade from 2014-15 to 2024-25 was only 57 per cent.
The African Democratic Congress (ADC) has strongly criticised the Tinubu administration for celebrating Nigeria’s newly rebased Gross Domestic Product (GDP), describing it as “economic ...
According to data tabled in the Lok Sabha by the Finance Ministry, the per capita Net State Domestic Product (NSDP) at constant prices for the financial year 2023-24 reveals striking disparities.