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Nigeria’s GDP rises 4.4% as oil sector rebounds
🇳🇬 Nigeria /Economy & Trade

Nigeria’s GDP rises 4.4% as oil sector rebounds

From Vanguard · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Context piece
  • Nigeria’s economy grew 4.43% year on year in real terms in the second quarter of 2026, up from 4.2% in the same quarter of 2025.
  • The National Bureau of Statistics attributed the figures to growth in both the oil and non-oil sectors.

Nigeria’s economy expanded by 4.43% year on year in real terms in the second quarter of 2026, according to the National Bureau of Statistics.

The growth rate increased from 4.2% in the second quarter of 2025. The statistics agency reported that both the oil and non-oil sectors contributed to the expansion.

About this summary

Originally published by Vanguard. 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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