July 24. 2025/Cordros Report On July 21, the National Bureau of Statistics (NBS) unveiled the much-anticipated rebased GDP figures, updating the base year for real GDP calculations from 2010 to 2019. The rebasing exercise introduced several key revisions, including (1) a marked increase in nominal GDP, prompting a recalibration of […]
OPINION/EDITORIAL
GDP Rebasing Reveals Larger Economy, but Growth Remains Lacklustre
July 23, 2025/CSL Research The rebasing exercise has significantly boosted nominal Gross Domestic Product (GDP) figures with notable differences across sectoral contributions. Nonetheless, real growth rate remains lacklustre. Higher nominal GDP expected to improve debt metrics but undermines efforts by the government to bolster the tax revenue to GDP ratio […]
The Nigerian Economy Sustains Growth Amid GDP
July 23, 2025/InvestmentOne Report The much-awaited Gross Domestic Product (GDP) data for the first quarter of 2025 was released by the National Bureau of Statistics (NBS) earlier this week. The data essentially showed that the Nigerian economy maintained its positive trajectory in the review period, as real GDP expanded by […]
