By Micah Jonah, February 28, 2026
Nigeria’s economy expanded by 4.07% year-on-year in real terms in the fourth quarter of 2025, up from 3.76% in Q4 2024, according to the National Bureau of Statistics (NBS). Growth was broad-based across agriculture (4.00%), industry (3.88%), and services (4.15%), with services remaining the largest contributor at 55.92% of GDP.
On a full-year basis, Nigeria’s economy grew 3.87% in 2025, surpassing the IMF’s 3.4% projection. Leading contributors to Q4 GDP included crop production (20.44%), trade (16.84%), real estate (14.57%), and ICT services (8.12%), while the transport, financial, and insurance sectors emerged as key drivers of growth.
