Nigeria’s GDP expands by 4.23% in Q2 2025

Nigeria’s Gross Domestic Product (GDP) grew by 4.23 per cent year-on-year in the second quarter of 2025, according to the National Bureau of Statistics (NBS).

The NBS report, released on Monday, showed that the growth rate outperformed both the 3.48 per cent recorded in the same quarter of 2024 and the 3.13 per cent posted in the first quarter of 2025.

The data underscores a stronger performance of the economy compared with the previous year, with improved output across several key sectors.

gdpNigeria’s GDP