The Manufacturers Association of Nigeria (MAN) has called on the federal government not to see the nominal increase of 18.3 per cent year-on-year Gross Domestic Product (GDP) growth recorded.
Economists have noted that productivity remains a challenge in the Nigerian economy, despite the rebasing of the Gross Domestic Product, which has boosted the economy to N372.8tn.
Edun Hails Rebasing, Q1 2025 GDP Growth as Catalyst for Sustained Economic Takeoff
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has welcomed the release of Nigeria’s rebased 2024 Gross Domestic Product (GDP) figures alongside a 3.13% year-on-year growth estimate...
The Nigerian economy has performed 30% better than projections by the International Monetary Fund (IMF) after the National Bureau of Statistics (NBS) reported figures from the rebasing.
Nigeria's Economy Significantly Larger After GDP Rebasing, New Data Reveals
Nigeria's economy is far larger and more diversified than previously understood, with its Gross Domestic Product (GDP) expanding from N54.2 trillion to a staggering N205.1 trillion in 2019. This significant revision comes after the National...
Following the rebasing of Nigeria’s Gross Domestic (GDP) report, the National Bureau of Statistics (NBS) has stated that Nigeria’s economy grew by 3.13 percent.
