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flag Nigeria updates GDP calculation method to reflect economic changes since 2019.

flag Nigeria is set to update its GDP figures, using 2019 as the new base year, to better reflect the country's economic performance, including recent technological advancements and emerging sectors. flag This follows the 2014 rebasing which made Nigeria Africa's largest economy but raised questions about accuracy and economic development. flag The new data aims to improve economic planning and investor confidence, though Nigeria's GDP per capita remains low globally.

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