gdp rebasing

  1. Real Estate Surpasses Oil in Rebased Nigerian Economy

    Nigeria Real Estate Surpasses Oil in Rebased Nigerian Economy

    The Digest: Nigeria's recent GDP rebasing revealed that real estate has surpassed oil as the third-largest contributor to the economy, reflecting significant structural changes. While the economy expands, challenges like inflation persist, raising questions about tangible benefits for citizens...
  2. Nigeria’s GDP Swells to N372 Trillion: Still Fourth Largest Economy in Africa

    Nigeria Nigeria’s GDP Swells to N372 Trillion: Still Fourth Largest Economy in Africa

    The Digest: Nigeria's economy reached new heights with a nominal GDP of N372.8 trillion in 2024, but remains the fourth-largest economy in Africa. Despite the impressive growth, Nigeria trails behind South Africa, Egypt, and Algeria. What does this rebasing reveal about Nigeria's economic...
  3. Nigeria’s GDP Rebased to N372.82 Trillion: Key Insights and Implications

    Nigeria Nigeria’s GDP Rebased to N372.82 Trillion: Key Insights and Implications

    The Digest: The National Bureau of Statistics (NBS) has officially rebased Nigeria’s GDP to N372.82 trillion. This update, representing a 41.7% increase, ensures that economic data better reflects the current realities, including emerging industries. Key Points: What is GDP Re-basing...
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