July 22, 2025/United Capital Report Rebased Q1-2025 GDP Shows Firmer Growth and Service-Led Expansion Nigeria’s economic story took a significant turn as the National Bureau of Statistics (NBS) released the rebased Gross Domestic Product (GDP) figures, updating the base year from 2010 to 2019. This rebasing exercise, conducted to reflect […]

July 21, 2025/CSL Research The National Bureau of Statistics (NBS) has released the rebased Gross Domestic Product (GDP) figures, adopting 2019 as the new base year. According to the updated data, the Nigerian economy expanded by 3.13% year-on-year (y/y) in Q1 2025. This marks a notable improvement compared to the […]

July 22, 2025/Cordros Update The National Bureau of Statistics (NBS) has updated Nigeria’s Gross Domestic Product (GDP) base year from 2010 to 2019. The rebasing exercise covers the period from 2019 to 2023 and reflects changes in the economy’s structure, sectoral contributions, and data sources Key Highlights Significant Increase in […]