Adeyemi Adeniran has emphasised transparency, stating the GDP and CPI rebasing aligns with global standards, ensuring timely economic statistics. Statistician-General of the Federation (SGF)/Chief ...

“Rebasing our GDP and CPI allows us to align with these transformations, providing a more precise and relevant picture of Nigeria’s economic landscape. “This process is foundational to ...

The table below highlights some of the main differences ... GDP price deflator is considered to be a more appropriate inflation measure for measuring economic growth than the consumer price index ...

This calculation is done by factoring in a GDP deflator. A GDP deflator is the ... Real GDP can be calculated by taking the difference between the most recent year's real GDP and the prior year's ...

The National Bureau of Statistics (NBS) is currently undertaking a rebasing exercise for Nigeria’s Gross Domestic Product (GDP) and Consumer Price Index (CPI). This initiative is aimed at ...

The Country Director of BudgiT, Gabriel Okeowo, described the sensitisation workshop on rebasing Nigeria’s GDP and CPI as crucial to the nation’s economic planning.

National Bureau of Statistics (NBS) has said it decided to rebase the Gross Domestic Product (GDP) and the Consumer Price Index (CPI) because of the dynamism of the economy in terms of growth and ...

no The National Bureau of Statistics (NBS) has said that it took the decision to rebase the gross domestic product (GDP) and the consumer price index (CPI) because of the dynamism of the economy ...

GDP can be calculated in two primary ways: nominal GDP and real GDP. While they may appear similar, these metrics offer distinct perspectives on an economy’s health. Here’s a detailed look at the ...

This story was originally published by The Guardian and is reproduced here as part of the Climate Desk collaboration. The global economy could face a 50 percent loss in gross domestic product ...

If you’ve ever found yourself staring at a shelf full of whiskey bottles, unsure of the difference between bourbon, rye and Scotch, you’re not alone. These popular whiskey varieties may seem ...

Advisers to the Shanghai government called for restrictions on international performers to be relaxed, while likening superstars like Taylor Swift to “walking GDP”. China’s financial hub has hosted ...