The National Bureau of Statistics (NBS) has reported that Nigeria’s Gross Domestic Product (GDP) grew by 3.98 per cent in real terms in the third quarter of 2025 compared to the same period in 2024. The growth rate is slightly higher than the 3.86 per cent recorded in Q3 2024 but below the 4.23 per…
Nigeria has revised the methodology for calculating its Gross Domestic Product (GDP), significantly increasing the size of the economy to ₦372.8 trillion in 2024, following a rebasing exercise by the National Bureau of Statistics (NBS). The update shifts the GDP base year from 2010 to 2019, bringing the country’s national accounting system in line with…
The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 3.84 per cent in the fourth quarter of 2024 on a year-on-year basis. The Statistician-General(S-G) of the Federation, Adeyemi Adeniran disclosed this in a statement on Nigeria’s GDP Report for Q4 2024 released in Abuja on Tuesday….
