Real Estate Sector Becomes Nigeria’s Third Largest After GDP Rebasing

The National Bureau of Statistics (NBS) reports that real estate now ranks as the third-largest sub-sector in Nigeria’s economy after a recent rebasing of the Gross Domestic Product (GDP). The sector contributes 5.2% to GDP in the first quarter of 2024, overtaking crude petroleum and natural gas, which now fall to fifth place. Economic Structure … Continue reading Real Estate Sector Becomes Nigeria’s Third Largest After GDP Rebasing