Nigeria’s economy grows 4.43%, strengthens path to $1trn GDP by 2030

According to the ministry, the performance lifted real GDP growth for the first half of 2026 to 4.16 per cent.

Nigeria’s economy grew by 4.43 per cent year-on-year in real terms in the second quarter of 2026, higher than the 4.23 per cent recorded in the corresponding period of 2025, the National Bureau of Statistics said on Monday. The figure also represents an improvement from the 3.89 per cent growth recorded in the first qu

Nigeria’s economy expanded faster in the second quarter of 2026, supported by improved performances in the oil and non-oil sectors, although industrial growth slowed compared with a year earlier.