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Published On: Mon, Jan 27th, 2014

Nigeria and South Africa: Beyond the GDP rebasing

Nigeria will release its rebased gross domestic product (GDP) statistics in about two weeks. BusinessDay has learnt that the new numbers will show Nigeria’s GDP rising by 65 percent to $432 billion, meaning the country has overtaken South Africa as Africa’s largest economy. The figure confirmed by sources at the National Bureau of Statistics (NBS)…

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