Largest sectors in the Nigerian economy as of Q1 2025
Despite nominal inflation pressures and currency depreciation, key sectors such as Real Estate, Trade, Crop Production, and Telecommunications emerged as ...
Tag: Gross Domestic Product
Nigeria’s consumption crisis: Why household spending has collapsed and how to fix it
Specifically, household consumption expenditure fell by -42.28% in Q1 2024 and -61.18% in Q2 2024, reflecting lower rates compared to ...
Nigerians react to 2025 GDP Growth after NBS rebasing: Progress or Illusion?
The National Bureau of Statistics (NBS) had, in its latest report, revealed that Nigeria’s Gross Domestic Product (GDP) grew by ...
GDP: Nigeria’s ICT sector surges with 31.6% nominal growth in Q1 2025
The Information and Communications Technology (ICT) sector recorded 31.63% year-on-year growth in nominal terms for the first quarter of 2025, ...
Analysts project fastest GDP growth since 2014, pinpoint stocks set to rally in H2 2025
Analysts at CardinalStone are projecting Nigeria’s GDP in H2 2025 to grow at its fastest pace since 2014, fueled largely ...
Nigeria’s fiscal deficit may hit 4.7% of GDP in 2025 – IMF
Nigeria’s fiscal deficit is expected to rise to 4.7% of Gross Domestic Product (GDP) in 2025, according to the latest ...
Analyst predicts 5% GDP growth under Tinubu’s administration
Nigeria’s economy is expected to witness steady growth, with analysts predicting that the country’s Gross Domestic Product (GDP) could reach ...
NESG: FG’s reforms drove Nigeria’s 3.8% economic growth in 2024
The Nigerian Economic Summit Group (NESG) has attributed the country’s improved economic growth in 2024 to the gains from the ...
GDP rebasing to provide accurate picture of Nigeria’s economy – NBS
The rebasing of Nigeria’s Gross Domestic Product (GDP) and Consumer Price Index (CPI) will ensure that economic indicators accurately reflect ...
Rebased GDP data: 2019 was chosen as base year for its ‘relative economic stability’ – NBS
The National Bureau of Statistics (NBS) has announced the rebasing of Nigeria's Gross Domestic Product (GDP) data, with 2019 selected ...
