Nigeria’s economy expanded modestly in the third quarter (Q3) of 2025, buoyed by the growth in services, agriculture, and industries. Gross Domestic Product (GDP) surged to 3.98 percent year-on-year in Q3, compared to 3.86 percent it recorded in the corresponding period last year, according to new data released by the National Bureau of Statistics on Monday. On a quarterly review, the economy, however, contracted by 0.25 percent, up from 4.23 percent—the highest in four years from the second quarter. That’s up from 3.13 percent it recorde
Nigeria’s economy expanded modestly in the third quarter (Q3) of 2025, buoyed by the growth in services, agriculture, and industries. Gross Domestic Product (GDP) surged to 3.98 percent year-on-year in Q3, compared to 3.86 percent it recorded in the corresponding period last year, according to new data released by the National Bureau of Statistics on Monday. On a quarterly review, the economy, however, contracted by 0.25 percent, up from 4.23 percent—the highest in four years from the second quarter. That’s up from 3.13 percent it recorde