May 26, 2026
By Elizabeth Adegbesan
Nigeria’s Gross Domestic Product (GDP) rose to 3.89 per cent in the first quarter of this year, Q1’26, representing a 0.76 percentage point increase from the 3.13 per cent recorded in the same period of 2025, Q1’25.
However, the GDP growth in Q1’26, represents a 0.18 percentage points decline from the 4.07 per cent recorded in the fourth quarter of 2025, Q4’25.
Disclosing these yesterday, the National Bureau of Statistics, NBS, stated: “Gross Domestic Product (GDP) grew by 3.89% (year-on-year) in real terms in the first quarter of 2026, higher than the 3.13% recorded in the first quarter of 2025. During the quarter under review, agriculture grew by 3.15%, an improvement from the 0.07% recorded in the corresponding quarter of 2025.