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

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

A series of far-reaching policy reforms by the Central Bank of Nigeria (CBN) has diversified the country’s FX sources to ...

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

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

Nigeria’s economy is about 30 per cent larger than previously thought after the west African nation updated the method by which GDP is calculated, the first rejigging of its statistical model in more ...

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

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

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

BY ISAH ALIYU CHIROMA Nigeria’s economy is gradually gaining stability, with the leadership of the Central Bank ...

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).

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.