Home Business Education Nigeria Records Second 4%+ Quarterly Growth in 10 Years
Education

Nigeria Records Second 4%+ Quarterly Growth in 10 Years

Share
Wale Edun, Hon Minister for finance
Share

Nigeria’s economy has recorded its second quarterly growth above 4 per cent in a decade, signalling renewed momentum in the country’s reform-driven recovery.

According to fresh data released by the National Bureau of Statistics (NBS), real Gross Domestic Product (GDP) expanded by 4.07 per cent in the fourth quarter of 2025, reflecting broad-based improvements across agriculture, industry, and services.

The latest figure underscores strengthening macroeconomic stability and growing investor confidence, as ongoing fiscal, monetary, and structural reforms under President Bola Ahmed Tinubu continue to gain traction. It also marks a notable acceleration from previous quarters, positioning the economy on a firmer path toward sustained growth and diversification.

The result follows the 4.23% growth recorded in Q2 2025 and represents a clear improvement from 3.76% in Q3 2024, reflecting strengthening macroeconomic stability and the impact of ongoing reforms under the leadership of President Bola Ahmed Tinubu.

Sectoral Performance

Growth in Q4 2025 was broad-based across the three major sectors:

Agriculture expanded by 4.0%, up from 2.54% in Q4 2024, supported by improved security in food-producing areas and better access to inputs.

Industry grew by 3.88%, compared to 2.49% in the corresponding period of 2024, driven by improved foreign exchange liquidity, energy sector reforms, and stronger investor confidence.

Services recorded 4.15% growth, reflecting continued expansion in finance, telecommunications, trade, and technology-driven activities.

Approximately 30 subsectors recorded growth above 3%, underscoring the breadth and increasing diversification of the expansion.

Full-Year 2025 Performance

For the full year, Nigeria’s real GDP grew by 3.87%, up from 3.38% in 2024. The size of the economy increased to ₦441.5 trillion, compared to ₦372.8 trillion in 2024.

This performance reflects improved fiscal coordination, disciplined expenditure management, stronger revenue mobilisation, and continued structural reforms aimed at restoring macroeconomic credibility.

The Honourable Minister noted that the data reinforces confidence among domestic and international investors and signals that Nigeria’s reform programme is gaining traction. The Ministry of Finance remains committed to sustained reform implementation, institutional coordination, and transparent engagement with stakeholders.

Share
Related Articles

NCC: Students May Soon Access Approved Learning Platforms Without Data Charges

The Nigerian Communications Commission (NCC) has commenced a public consultation process on...

JAMB Releases 2026 UTME Mop-Up Results, Sets Date for Result Printing

BY JAMES NWACHUKWU—The Joint Admissions and Matriculation Board (JAMB), on Tuesday released...

Gross Revenue Hits ₦3.184 Trillion as FAAC Disburses ₦2.257tn to Three Tiers of Govt

BY NKECHI NAECHE-ESEZOBOR—Total gross revenue generated by the federation reached ₦3.184 trillion...

JAMB Announces Date for 2026 UTME Mop-Up Test

The Joint Admissions and Matriculation Board (JAMB) has fixed Saturday, June 13,...