The decision to rebase Nigeria’s GDP in 2024 stems from the recognition of significant changes within the economy. Over time, sectors such as technology, the creative industries, and informal ...

Nigeria has suffered a severe economic blow, losing an estimated $300 billion in Gross Domestic Product (GDP) over the past eight years ... Foreign direct investment (FDI) is at an all-time low, with ...

ABUJA, Jan 20 (Reuters) - Nigeria plans to rebase its gross domestic product and inflation data by the end of the month to capture changes in certain sectors of the economy and to reflect current ...

Chairman of Tax committee, Taiwo Oyedele has listed out several benefits Nigeria stands to gain from rebasing GDP. He says it sends strong signal to investors ...

Nigeria’s one-year Treasury bill auction saw a record high subscription of N3.15 trillion as foreign investors and liquid ...

Experts warn that the high interest rate spread in Nigerian banks might hurt the nation’s economy by 20 to 30 percent, making ...

has projected that Nigeria’s transition to a circular economy could contribute an estimated $10 billion to the nation’s GDP by 2030 while creating over two million direct and indirect jobs.

Musawa outlined the government’s bold targets for the CTIC, which include: Contributing at least $100 billion to Nigeria’s GDP; creating over 2 million jobs, with a focus on Nigeria’s vibrant youth ...

A Nigerian scientist, Ruth Hungevu, has said the Marine and Blue economy sector offers significant opportunities for the country’s sustainable development and economic growth. In a statement ...

This recommendation is grounded in the need to accommodate structural shifts, changes in product availability, and fluctuations in consumer behaviour that naturally occur over time. The decision to ...