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

Nigeria’s economy is about 30 per cent larger than previously thought after the west African nation updated the method by which GDP is calculated, the first rejigging of its statistical model in more ...

Nigeria’s Gross Domestic Product (GDP) grew by 3.13percent  (year-on-year) in real terms in the first quarter of 2025 ...

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

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

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

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).

The National Bureau of Statistics has said that Nigeria’s Gross Domestic Product (GDP) stood at N372.8 trillion in 2024, after ...

In nominal terms, aggregate GDP reached N94.05 trillion in Q1 2025, reflecting an 18.30% year-on-year increase from N79.51 ...

This revision represents a 41.7% increase in nominal estimates compared to a 59.7% revision in the 2010 rebasing exercise.” ...

The National Bureau of Statistics (NBS) has announced a significant shift in Nigeria’s economic landscape following the ...