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Banks, insurers, others record 8.5% growth in GDP to N1.93trn

By Babajide Komolafe Financial institutions including banks and insurance firms recorded a 8.5 per cent growth in real Gross Domestic Product, GDP to N1.9 trillion in the first quarter of 2026, Q1’26 from N1.78 trillion in Q1’25. The National Bureau of Statistics, NBS disclosed this in its GDP report for Q1’26. The report showed that the   financial […]

Raccontata davanguardngr.compunchng.compremiumtimesng.combusinessday.ngthisdaylive.com

Confronto fonti

5 prospettive sulla stessa storia
AI · summaries
vanguardngr.comStai leggendo8 h fa

Banks, insurers, others record 8.5% growth in GDP to N1.93trn

By Babajide Komolafe Financial institutions including banks and insurance firms recorded a 8.5 per cent growth in real Gross Domestic Product, GDP to N1.9 trillion in the first quarter of 2026, Q1’26 from N1.78 trillion…

originale
premiumtimesng.com1 g fa

Nigeria’s GDP grows by 3.89% in Q1 2026 — NBS

The latest GDP figures show the services sector remained the strongest driver of economic activity in the first quarter of 2026.

Leggi questa versione → originale
punchng.com1 g fa

Agric, telecoms drive Nigeria’s Q1 GDP to 3.89%

Nigeria's GDP grew 3.89% YoY in Q1 2026, led by telecoms (+10.98%), finance (+8.54%), construction (+6.38%), and agriculture (+3.15%), while oil output fell to 1.55 mbpd. The non-oil sector now represents 96% of real GDP, signaling that Nigeria's economic resilience increasingly decouples from commodity cycles — relevant context for tech and infrastructure investment decisions in West Africa.

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businessday.ng1 g fa

Nigeria’s recovery finds an unexpected growth engine - Businessday NG

Nigeria’s economy expanded by 3.89 percent in the first quarter of 2026, according to the latest GDP report released by the National...

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thisdaylive.com1 g fa

Nigeria’s GDP Slows to 3.89% in Q1, Driven By Services Sector

Nigeria's GDP grew 3.89% in Q1 2026 (down from 4.07% in Q4 2025), with services at 57.73% of output and oil production falling to 1.55 mbpd. Non-oil sectors now represent 96.08% of real GDP, a structural shift toward services and finance relevant for firms evaluating digital market exposure in West Africa.

Leggi questa versione → originale

Timeline cronologica

  1. lunedì 25 maggio 2026·vanguardngr.com

    Breaking: Nigeria’s GDP growth rate slows to 3.8%

    The National Bureau of Statistics, NBS, announced the development in its latest GDP report for Q1 2026 on Monday.

  2. lunedì 25 maggio 2026·punchng.com

    Nigeria’s economy grows 3.89% in Q1 amid lower oil output - NBS

    Nigeria's economy expanded by 3.89% in Q1 2026, driven by agriculture, telecom, and financial services, despite lower oil output. Get the full NBS report.

  3. lunedì 25 maggio 2026·premiumtimesng.com

    Nigeria’s GDP grows by 3.89% in Q1 2026 — NBS

    The latest GDP figures show the services sector remained the strongest driver of economic activity in the first quarter of 2026.

  4. lunedì 25 maggio 2026·businessday.ng

    Nigeria’s recovery finds an unexpected growth engine - Businessday NG

    Nigeria’s economy expanded by 3.89 percent in the first quarter of 2026, according to the latest GDP report released by the National...

  5. martedì 26 maggio 2026·punchng.com

    Agric, telecoms drive Nigeria’s Q1 GDP to 3.89%

    Nigeria's GDP grew by 3.89% in Q1 2026, driven by strong performance in agriculture and telecommunications, despite a decline in oil production.

  6. martedì 26 maggio 2026·thisdaylive.com

    Nigeria’s GDP Slows to 3.89% in Q1, Driven By Services Sector

    • Non-oil sector contributed 96.08%, oil 3.92%

  7. martedì 26 maggio 2026·vanguardngr.com

    Nigeria’s GDP growth rises 3.89% in Q1’26

    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…

  8. mercoledì 27 maggio 2026·vanguardngr.com

    Banks, insurers, others record 8.5% growth in GDP to N1.93trn

    By Babajide Komolafe Financial institutions including banks and insurance firms recorded a 8.5 per cent growth in real Gross Domestic Product, GDP to N1.9 trillion in the first…