Nigeria’s real GDP grew by 4.07 percent in the fourth quarter of 2025, driven by an increase in the average daily oil production, according to the latest report by the National Bureau of Statistics released on Friday.

The latest figure represents an improvement over the 3.76 percent growth recorded in the corresponding period of 2024, compared to the 3.98 percent reported in Q3’2025.

The oil sector led the charge, recording a 6.79 percent year-on-year growth in Q4 2025, its strongest performance since Q4 2023, up from just 2.08 percent in Q4. This surge is attributed to a rise in crude oil production, with Nigeria pumping an average of 1.58 million barrels per day during the quarter. That figure is higher than the 1.54 million barrels per day produced in Q4 2024 but below the 1.68 million barrels per day recorded in Q3 2025.

The industry sector buoyed by the oil sector stood at 3.88 percent, up from 2.49 percent recorded in the fourth quarter of 2024, while the services sector recorded a growth of 4.15 percent, down from 4.75 percent in the same quarter of 2024. In terms of the share of the GDP.

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During the quarter under review, agriculture grew by 4.00 percent, an improvement from the 2.54 percent recorded in the corresponding quarter of 2024.

 

 

Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.

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