The National Bureau of Statistics (NBS) reports that Nigeria’s Gross Domestic Product grew by 3.98 percent year-on-year in the third quarter of 2025.
According to the report, the growth was driven largely by gains in the non-oil sectors, with agriculture and industry posting good increases, while the services sector remained the biggest contributor to output.
In nominal terms, aggregate GDP reached ₦113.59 trillion – up substantially from the same period in 2024 – reflecting both real expansion and price effects.
Also Read: Stakeholders Warn Nigeria’s Development Will Stall Without Stronger Support for Women
Still, the oil sector’s share of total output remains small compared with non-oil activities.
Leave feedback about this
You must be logged in to post a comment.