August 31, 2026
By Johnbosco Agbakwuru
President Bola Tinubu has welcomed the news on Monday from the National Bureau of Statistics, which shows that Gross Domestic Product for the second quarter of 2026 grew by 4.43 per cent, up from 4.23 per cent in the second quarter of 2025.
The report also shows growth in agriculture, manufacturing, the oil and gas sector, and the service sector, which now dominates the economy in terms of contribution to aggregate GDP.
In nominal terms, the country’s aggregate GDP in the second quarter stood at N119.27 trillion, up by 18.43 per cent from N100.7 trillion recorded at the same time last year.
