NIGERIA · ECONOMY
Key Facts
—The headline: Gross domestic product grew 4.43% year on year in real terms in the second quarter of 2026, according to the National Bureau of Statistics (NBS). That compares with 4.23% in the same quarter of 2025 and 3.89% in the first quarter of this year.
—The best in seven quarters: It is the strongest quarterly expansion since the third quarter of 2024, when the economy grew 3.86%.
—Where the growth came from: Services and agriculture did the work. Services grew 4.60% and remain the largest sector at 56.62% of real GDP. Agriculture expanded 4.39% in real terms, well up from 2.82% a year earlier.
