Despite undergoing a major rebasing of its Gross Domestic Product (GDP), Nigeria has retained its position as the fourth-largest economy in Africa, according to the National Bureau of Statistics (NBS). The rebasing, which updated the base year from 2010 to 2019, expanded Nigeria’s GDP to ₦372.8 trillion (approximately $243 billion) for the year 2024—up from … Continue reading Nigeria Retains Fourth Position In Africa Despite GDP Rebasing