Monday, June 15, 2026
  • Home
  • NIGERIAN NEWS
    • Biography/Net Worth
    • Business News
    • Entertainment News
  • INVESTIGATION
  • Real Estate
  • Travel News
  • Videos
No Result
View All Result
  • Home
  • NIGERIAN NEWS
    • Biography/Net Worth
    • Business News
    • Entertainment News
  • INVESTIGATION
  • Real Estate
  • Travel News
  • Videos
No Result
View All Result
No Result
View All Result
Home Headlines

Despite inflation concerns, Nigeria’s GDP grows 4.07% in Q4 2025

Enitan Boluwatife by Enitan Boluwatife
February 28, 2026
in Headlines
0
nbs-gdp

GDP

585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Despite persistent inflationary pressures and rising cost-of-living concerns, Nigeria’s GDP expanded by 4.07 per cent year-on-year in the fourth quarter of 2025, reflecting continued resilience across key productive sectors.

ENigeria Newspaper gathered this from data released by the National Bureau of Statistics on Friday showed that the Q4 growth outperformed the 3.76 per cent recorded in the corresponding period of 2024, signaling sustained recovery momentum toward the end of the year.

You might also like

ProvidusUnity Bank Emerges After Supreme Court Judgment

JUST IN: DSS Arrests Prof. Okey Ndibe Upon Return from the United State

Omo-Agege Joins NDC, Declares for Delta Central Senate 2027

The expansion was largely supported by stronger performance in the services sector, improved oil output and a rebound in agriculture.

Agriculture recorded notable improvement during the quarter, growing by 4.00 per cent compared to 2.54 per cent in Q4 2024. The increase was driven mainly by higher crop production and improved activities across other agricultural segments.

The industry sector also strengthened, posting a 3.88 per cent growth rate, up from 2.49 per cent in the same period last year. Meanwhile, the services sector remained the largest contributor to economic output, expanding by 4.15 per cent and accounting for 55.92 per cent of total GDP during the quarter.

Although the services growth rate moderated slightly compared to 4.75 per cent recorded in Q4 2024, it continued to anchor overall economic performance.

In nominal terms, the size of the economy expanded significantly. Aggregate GDP stood at ₦122.81 trillion in Q4 2025, representing a 17.55 per cent increase from ₦104.47 trillion recorded in the same quarter of 2024.

The oil sector recorded a year-on-year real growth of 6.79 per cent, a marked improvement from the 2.08 per cent growth posted in Q4 2024. Average crude oil production rose to 1.58 million barrels per day during the quarter, compared to 1.54 million barrels per day a year earlier, though output declined from 1.64 million barrels per day recorded in Q3 2025.

On a quarter-on-quarter basis, the oil sector contracted by 6.30 per cent, reflecting production fluctuations within the period.

Despite oil’s improved performance, the non-oil sector remained the backbone of the economy, growing by 3.99 per cent in Q4 2025 and contributing 97.13 per cent to total GDP. Key drivers included agriculture, information and communication services, trade, real estate, financial services, manufacturing, construction and transportation.

For the full year, ENigeria Newspaper learnt, Nigeria’s economy grew by 3.87 per cent in 2025, higher than the 3.38 per cent recorded in 2024. The oil sector recorded annual growth of 8.50 per cent, while the non-oil sector accounted for 96.47 per cent of overall GDP.

The latest figures underscore steady economic expansion, even as inflationary pressures continue to weigh on household purchasing power.

Facebook Comments Box
Tags: economyGDPindustry sectorNigeria economyoil
Previous Post

UEFA Champions League Round of 16: Full draw

Next Post

Simi : “Child protection is priority” — NAPTIP orders probe into Lagos daycare

Enitan Boluwatife

Enitan Boluwatife

Related Posts

ProvidusUnity Bank Limited Emerges After Supreme Court Judgment
Business News

ProvidusUnity Bank Emerges After Supreme Court Judgment

by Halima Adeojo
June 2, 2026
JUST IN: DSS Arrests Prof. Okey Ndibe Upon Return from the United State
Headlines

JUST IN: DSS Arrests Prof. Okey Ndibe Upon Return from the United State

by Bashiiru Khalid
June 1, 2026
Omo-Agege Joins NDC, Declares for Delta Central Senate 2027
Headlines

Omo-Agege Joins NDC, Declares for Delta Central Senate 2027

by Mary Njoku
May 28, 2026
Victor Ochei Dumps APC, Lists Grievances
Headlines

After Omo-Agege, Victor Ochei Dumps APC, Lists Grievances

by Desmond Ike-Chima
May 28, 2026
Moments ago, former deputy Senate President, Ovie-Omo-Agege announced his resignation from the All Progressives Congress (APC).
Headlines

BREAKING: Omo-Agege Resigns from APC

by Hazel Okechukwu
May 27, 2026
Next Post
Simi

Simi : “Child protection is priority” — NAPTIP orders probe into Lagos daycare

Don't miss it

ProvidusUnity Bank Limited Emerges After Supreme Court Judgment
Business News

ProvidusUnity Bank Emerges After Supreme Court Judgment

June 2, 2026
JUST IN: DSS Arrests Prof. Okey Ndibe Upon Return from the United State
Headlines

JUST IN: DSS Arrests Prof. Okey Ndibe Upon Return from the United State

June 1, 2026
Cost of Land in Lagos (2026): Full Breakdown by Area, Current Prices, Investment Hotspots and Buying Guide
Real Estate

Cost of Land in Lagos (2026): Full Breakdown by Area, Current Prices, Investment Hotspots and Buying Guide

June 1, 2026
Princess Damilola Sonayon-James Biography: Career, Latest News, Education, Family and Everything to Know
Biography/Net Worth

Princess Damilola Sonayon-James Biography: Career, Latest News, Education, Family and Everything to Know

May 31, 2026
Omo-Agege Joins NDC, Declares for Delta Central Senate 2027
Headlines

Omo-Agege Joins NDC, Declares for Delta Central Senate 2027

May 28, 2026
Monique Pearls Biography: Age, Career, Marriage, Business, Latest News and Everything to Know
Biography/Net Worth

Monique Pearls Biography: Age, Career, Marriage, Business, Latest News and Everything to Know

May 28, 2026

Popular Post

  • Falvour - AFRICAN ROYALTY Album

    Flavour – Game Changer (Dike) | Free Mp3 Download

    613 shares
    Share 245 Tweet 153
  • Week 10 Pool Result 2023 for Sat. 10 September 2023 – UK 2022/2023 – Pool Agent

    586 shares
    Share 234 Tweet 147
  • BREAKING: Omo-Agege Resigns from APC

    595 shares
    Share 238 Tweet 149
  • Real Owner of Banana Island, Revealed!

    588 shares
    Share 235 Tweet 147
  • Customers Panic Over Shakeup in Polaris, Titan Trust, Keystone, and Union Bank

    586 shares
    Share 234 Tweet 147

ENigeria Newspaper is a premium daily Nigerian newspaper committed to the objective coverage of news in Nigeria.

Relevant Pages

  • About Us ENigeria Newspaper
  • Contact Us
  • Diversity Policy
  • ENigeria Newspaper Privacy Policy
  • Terms of Service of ENigeria Newspaper

Reach Us

Emails:- enigerianewspaper@gmail.com
Phone:- +234 906 0009 494
Address: 7 Ago palaceway, Okota, lagos

Alert Us

For publication of Press releases, Statements, and Advert Inquiries, send an email to ENIGERIANEWSPAPER@GMAIL.COM

© enigerianews.com

No Result
View All Result
  • Home
  • NIGERIAN NEWS
    • Biography/Net Worth
    • Business News
    • Entertainment News
  • INVESTIGATION
  • Real Estate
  • Travel News
  • Videos

© enigerianews.com