Feb 27 β€’ 22:42 UTC πŸ‡³πŸ‡¬ Nigeria Punch

Services drive GDP growth to 4.07% in Q4 2025 – NBS

Nigeria's economy grew by 4.07% in Q4 2025, driven primarily by the services sector, according to the National Bureau of Statistics.

According to the National Bureau of Statistics, Nigeria's economy experienced a year-on-year growth of 4.07% in real terms during the fourth quarter of 2025. This growth marks an improvement from the 3.76% growth recorded in the same period in 2024. The economic expansion was supported by growth across all three major sectors: agriculture, industry, and services. Among these, the services sector emerged as the largest contributor to the overall economic output.

The report highlighted significant growth within the agricultural sector, which recorded an increase of 4.00%, showing a noteworthy rise from the 2.54% growth seen in Q4 2024. Similarly, the industrial sector expanded by 3.88%, a substantial increase from the previous year's figure of 2.49%. However, the services sector, while still the main driver of the economy, experienced a slight decline, growing by 4.15% compared to 4.75% in the same quarter a year earlier. Despite the minor downturn, the services sector accounted for 55.92% of Nigeria's total GDP, reflecting a slight increase from 55.87% the previous year.

Overall, the data suggests a positive trend in Nigeria's economic performance, with across-the-board growth in the major sectors. The continued strength of the services sector indicates its vital role in the economy, but the slight dip compared to previous quarters warrants monitoring for potential implications on future growth trends. Stakeholders may need to consider strategies to further bolster this sector while ensuring sustainable growth across agriculture and industry as well.

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