According to a report by the National Bureau of Statistics (NBS), Nigeria’s economy expanded by 4.23% year-on-year in the second quarter of 2025. This marks a significant improvement compared to 3.48% in Q2 2024 and 3.13% in Q1 2025, reflecting stronger economic momentum across key sectors.
Nigeria’s Gross Domestic Product (GDP) has been rebased from ₦80 trillion to ₦205 trillion, according to the Statistician General of the Federation, Adeyemi Adeniran. He noted that the new figure represents a 41.7% increase compared to the 2014 GDP rebasing. The rebasing exercise, which used 2019 as the new base year, covers economic activities from…
Nigeria’s Gross Domestic Product (GDP) has grown by 3.46 per cent in real terms in the third quarter (Q3) of 2024 on a year-on-year basis. This is according to a Monday GDP report published by the National Bureau of Statistics (NBS) which showed that the growth represents a 3.19 percent increase from the one recorded…
