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.

The National Bureau of Statistics (NBS) will on Monday launch Nigeria’s long-anticipated rebased Gross Domestic Product (GDP) report, using 2019 as the new base year.

Nigeria’s inflation rate eased to 22.22% in June 2025, down from 22.97% recorded in May, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS).

Nigeria Targets Fiscal Clarity, Investor Appeal in GDP Rebase   Nigeria is preparing to release its rebased Gross Domestic Product (GDP) figures in 2025 for the first time in more than a decade, which analysts say could catalyse investment and improve its attractiveness to investors, development...

The Other Side of Nigeria's Economic Story By Hanniel Sebatie Noboh On paper, Nigeria is booming. The World Bank says the economy is growing. The GDP has bounced back from its pandemic dip, about five years ago. Reports from the National Bureau of Statistics look positive,...