Nigeria’s economy expanded by 3.89 percent in the first quarter of 2026, according to the latest GDP report released by the National Bureau of Statistics on Monday, broadly in line with BusinessDay Economics’ April projection of 4.0 percent, with a marginal deviation of 0.11 percentage points. The outcome reinforces a growing view among economists that Nigeria’s reform programme is beginning to deliver measurable economic gains.
But the most consequential detail in the report was not the headline figure. It was the shift in the underlying dr
