Nigeria’s gross domestic product (GDP) reached 372.8 trillion naira in 2024 following a rebasing exercise. This adjustment reflects a more accurate representation of the country’s economic structure and growth trajectory. The updated figures provide a clearer picture of Nigeria’s economic performance, incorporating previously unaccounted sectors and activities. The rebasing aligns the GDP measurement with current economic realities, enhancing its relevance for policy-making and investment decisions. This development underscores Nigeria’s evolving economic landscape and its potential for sustained growth.
— news from Bloomberg.com
— News Original —
Nigeria GDP Rises to 372.8 Trillion Naira in 2024 After Rebasing
Bloomberg.com