Nigeria’s Gross Domestic Product (GDP) has increased by 3.13% in real terms year-on-year in the first quarter of 2025, according to a report released on Monday by the National Bureau of Statistics (NBS). The growth is mainly driven by the service industry, the growth rate surpasses the 2.27% recorded in the first quarter of 2024. The NBS recently rebased the GDP, using 2019 as the new base year for calculations, a decision driven by the...










