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

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, ...

Despite the modest performance compared to a 4.9% forecast by analysts, officials say the rebasing offers a more accurate ...

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

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

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

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

Ex-Vice President Atiku Abubakar has taken a swipe at President Bola Tinubu and the ruling All Progressives Congress, APC, ...

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 Dangote Petroleum Refinery is set to achieve another milestone for Nigeria as it plans to increase the capacity of its ...

The Nigerian currency, the naira, rebounded in the forex market after two days of depreciation following the increase in ...