The Statistician-General of the Federation, Prince Semiu Adeyemi, has emphasised Nigeria’s commitment to producing reliable and accurate economic data, stating that the ongoing rebasing of the ...

The Statistician General of the Federation, Prince Adeyemi Adeniran yesterday said the National Bureau of Statistics (NBS) is rebasing the Gross Domestic Product (GDP) and Consumer Price Index ...

BudgIT, the nonprofit organisation that uses technology to promote transparency and accountability in government spending, has emphasised that the independence of the NBS is crucial for this ...

Adeyemi said the ongoing rebasing of the Gross Domestic Product and Consumer Price Index by the NBS is aligned with the United Nations Fundamental Principles of Official Statistics. He made this ...

The rebasing of Nigeria’s Gross Domestic Product (GDP) stands as a pivotal statistical exercise, one that seeks to recalibrate the nation’s economic measurement framework in line with ...

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 ...

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On the whole, the planned GDP and CPI rebasing represents a critical step in modernising economic measurements and aligning them with current realities. While the increase in per capita income ...

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Get this delivered to your inbox, and more info about ...

Rebasing means to base GDP against a benchmark of prices from a particular year over the years to determine the GDP for current periods. Taiwo Oyedele N News Agency Of Nigeria Follow Dr Taiwo ...