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

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).

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

The Minister of Finance, Wale Edun, has described the release of Nigeria’s 2024 rebased Gross Domestic Product (GDP) figures alongside ...

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

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

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

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

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

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.

Nigeria has officially joined the race to host a Formula 1 Grand Prix in Abuja., which would make it the first African ...

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