By Innocent Anaba
The Federal Ministry of Finance said yesterday that Nigeria’s economy continues to demonstrate resilience and accelerating growth with the second quarter of 2026 real Gross Domestic Product (GDP) expanding by 4.43 percent year-on-year, up from 4.23 per cent in Q2 2025 and 3.89 percent in Q1 2026.
The Ministry in a statement, said: “The strong Q2 2026 outturn lifted real GDP growth for the first half of 2026 to 4.16 percent, up from 3.68 percent in the corresponding period of 2025, a clear signal of sustained strengthening across the economy.
“Growth is also becoming more broad-based. In Q2 2026, 27 economic subsectors recorded real growth above 3.0 percent, up from 23 subsectors in Q2 2025, showing that expansion is no longer concentrated in a handful of industries.
“The productive sectors led the way. Manufacturing grew by 3.24 percent, more than double the 1.60 percent recorded in Q2 2025, reflecting improved industrial output. Agriculture expanded by 4.39 percent, up from 2.82 percent, underscoring stronger production and value-chain performance. Services, the largest driver of growth, expanded by 4.60 percent, up from 3.94 percent.
