A recent change in how the economy is measured has brought this shift into sharp focus. Known as GDP rebasing, the exercise ...

The service, industry, and agriculture subsectors propelled Nigeria's economy's expansion to N372.8 trillion in 2024 ($145.3 ...

The official size of Nigeria’s economy has jumped by around 30%, from $187.76 billion to $244 billion. That change has pushed the country’s GDP to 372.82 trillion in local currency (naira).

Despite the modest performance compared to a 4.9% forecast by analysts, officials say the rebasing offers a more accurate ...

Nigeria's economy expanded by 3.13% year-on-year in the first quarter of 2025, the statistics office said on Monday, ...

The National Bureau of Statistics (NBS) says Nigeria's nominal gross domestic product (GDP) is N372.82 trillion as of 2024 ...

Wale Edun, minister of finance and coordinating minister of the economy, says the latest gross domestic product (GDP) rate ...

Nigeria lost its position as the continent’s biggest economy recently after a roughly 70 per cent slide in the value of the ...

The African Democratic Congress (ADC) has described the recent celebration of Nigeria’s rebased Gross Domestic Product (GDP) ...

The rebasing exercise which updates Nigeria's data to mirror its current conditions and changing circumstances placed real ...

Tourism stands as a dynamic force in Nigeria’s economy, extending well beyond the obvious realms of hotels and restaurants ...

It might now be the 26th biggest economy in the world, but Nigeria is 121st in terms of GDP per capita. In parts of the north, up to 80 percent of people live below the $1.25 per day poverty line.