Nigeria’s economy expanded by 3.98 percent year on year in the third quarter of 2025, according to new data from the National Bureau of Statistics. The pace is faster than the 3.86 percent recorded in the same quarter of 2024, though slower than the 4.3 percent growth posted in Q2 2025. In nominal terms, GDP rose to N113.59 trillion from N96.16 trillion a year earlier, an 18.12 percent increase. The figures show an economy that continues to grow in aggregate, supported mainly by services and non-oil activity, even as household purchasing
Nigeria’s economy expanded by 3.98 percent year on year in the third quarter of 2025, according to new data from the National Bureau of Statistics. The pace is faster than the 3.86 percent recorded in the same quarter of 2024, though slower than the 4.3 percent growth posted in Q2 2025. In nominal terms, GDP rose to N113.59 trillion from N96.16 trillion a year earlier, an 18.12 percent increase. The figures show an economy that continues to grow in aggregate, supported mainly by services and non-oil activity, even as household purchasing