How would you rate the current state of Nigeria’s economy?
by • 90d ago • 4 votes
1. Economic Growth & GDP Re‐basing Nigeria’s GDP was rebased in 2024 (base year moved to 2019 from 2010), which increased the nominal size of the economy significantly; the 2024 nominal GDP is now ~₦372.82 trillion (~US$244 billion). Growth has been relatively strong: for 2024 the World Bank reports around 3.4-4.6%...
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