
GDP Rebasing: Nigeria’s Economy Shrinks by $266bn in 10 Years Amid Receding FDI
July 27, (THEWILL) — Nigeria’s rebased GDP puts the economy’s size at N372 trillion as of 2024 — equivalent to US$244 billion at a recent exchange rate of N1,550/US$1. In USD terms, this constitutes a $266 billion slump in 10 years, when compared to …