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.

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).