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

Nigeria’s economy recorded stronger growth in the second quarter of 2026, reinforcing its trajectory toward a projected one-trillion-dollar economy.

The Federal Ministry of Finance said in a statement issued on Tuesday in Abuja that real gross domestic product (GDP) grew by 4.43 per cent year-on-year in Q2 2026.

It said that the Q2 growth surpassed the 4.23 per cent recorded in Q2 of 2025 and 3.89 per cent in Q1 of 2026.

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

This compares with 3.68 per cent recorded during the corresponding period of 2025.

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

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