…A methodological recalibration reveals both opportunity and inequality in Africa's largest economy Nigeria's economic story has always been one of contradictions, but the latest GDP figures—rebased from a 2010 to 2019 reference year—offer perhaps the starkest illustration yet of an economy in transition. The headline growth rate of 3.13 percent for the first quarter of 2025, while an improvement on the 2.31 percent recorded in the same period last year, masks a more complex narrative of structural realignment, sect
…A methodological recalibration reveals both opportunity and inequality in Africa's largest economy Nigeria's economic story has always been one of contradictions, but the latest GDP figures—rebased from a 2010 to 2019 reference year—offer perhaps the starkest illustration yet of an economy in transition. The headline growth rate of 3.13 percent for the first quarter of 2025, while an improvement on the 2.31 percent recorded in the same period last year, masks a more complex narrative of structural realignment, sect