Summary: As Nigeria prepares for its GDP and CPI rebasing in November 2024, the economy is expected to see a significant statistical boost, particularly from sectors like fintech, entertainment, and digital services. While rebasing offers a more accurate picture of economic output, its impact on the average Nigerian may be minimal.
In 2014, Nigeria made global headlines when its economy was declared the largest in Africa, with GDP surging by 89 percent to $510 billion. This transformation was the result of rebasing
