News

Recently, the National Bureau of Statistics (NBS) released the rebased GDP figure, showing the GDP grew by 3.13 percent in the first quarter of 2025 from the 2.27 percent recorded in the same period ...
The Presidential Candidate of the Labour Party in the 2023 general election, Peter Obi, has, for the umpteenth time, cried ...
President of Dangote Group, Aliko Dangote, has described President Bola Tinubu as a “listening President” whose policy ...
As crop yields worsen, pest invasions, livestock disease and higher irrigation charges now consume up to ₦120 billion a year ...
Ikeja Electricity Distribution Company (IKEDC) and Electricity Distribution Company (EKEDC) have informed customers of a ...
Rebased figures lift Nigeria’s GDP to $243.5B in 2024, lowering debt burden and reshaping economic weight. Highlights: ● GDP Jumps 41.7% after rebasing with 2019 as the new base year, rising to ₦372.8 ...
According to the ministry, the updated national accounts better captures the structural shifts that have taken place in the ...
“The rebased GDP provides a clearer lens through which to view Nigeria’s economic performance. It allows policymakers, investors, and citizens to better understand the true size and composition of the ...
In 1960, Nigeria stood at the dawn of independence with remarkable potential. It was Africa's most populous country, rich in ...
Nigeria’s public debt-to-GDP ratio dropped to 39.4 per cent in the first quarter of 2025 following the successful rebasing of the country’s Gross Domestic Product by the National Bureau of Statistics.