Nigeria’s GDP growth rises to 4.43% in second quarter
Translated from English and summarized by DistantNews. Read the original for the full story.
At a glance
Newswire
Official statement
Outcome reported
- Nigeria’s GDP growth accelerated to 4.43% in the second quarter of 2026 from 3.89% in the first quarter.
- Growth also exceeded the 4.23% recorded in the second quarter of 2025, according to the National Bureau of Statistics.
- Services accounted for 56.62% of GDP, while nominal GDP at basic prices reached 119.29 trillion naira.
Nigeria’s economic growth accelerated to 4.43% in the second quarter of 2026, up from 3.89% in the preceding quarter, the National Bureau of Statistics said on Monday.
The latest figure also exceeded the 4.23% growth recorded in the second quarter of 2025. The services sector remained the largest contributor to economic output, accounting for 56.62% of GDP during the period, compared with 56.53% in the same quarter a year earlier.
Nominal GDP at basic prices stood at 119.29 trillion naira, compared with 100.73 trillion naira in the second quarter of 2025. The statistics bureau released the figures in its GDP Report for the second quarter. Further details were expected later.
About this summary
Originally published by ThisDay in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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