Nigeria’s economy recorded a growth of 4.07 percent in the fourth quarter of 2025, according to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS).
Gatekeepers News reports that the data, published on Friday, showed that the country’s economic performance in Q4 2025 improved when compared to the 3.76 percent growth recorded in the same period of 2024. The bureau attributed the improvement to stronger output across major sectors of the economy, including agriculture, industry, and services.
NBS reported that the agriculture sector grew by 4.00 percent, up from 2.54 percent in the corresponding quarter of 2024, driven mainly by increased crop production. The industrial sector also expanded by 3.88 percent, higher than the 2.49 percent recorded in Q4 2024, while the services sector grew by 4.15 percent, slightly lower than the 4.75 percent posted in the same quarter a year earlier.
In terms of contribution to the economy, the services sector remained the largest contributor, accounting for 55.92 percent of total GDP in Q4 2025, marginally higher than the 55.87 percent recorded in Q4 2024. On a full-year basis, the economy grew by 3.87 percent in 2025, compared to 3.38 percent in 2024.
The report further revealed that Nigeria’s aggregate GDP in nominal terms stood at N122.81 trillion in the fourth quarter of 2025, representing a year-on-year increase of 17.55 percent from N104.47 trillion recorded in the same period of 2024.
On crude oil output, NBS disclosed that Nigeria produced an average of 1.58 million barrels per day in Q4 2025. This figure was higher than the 1.54 million barrels per day recorded in Q4 2024 but lower than the 1.64 million barrels per day achieved in the third quarter of 2025. The oil sector recorded a real growth rate of 6.79 percent year-on-year in the quarter and contributed 2.87 percent to total real GDP.
The bureau also stated that the non-oil sector remained the backbone of the economy, contributing 97.13 percent to real GDP in Q4 2025. The sector grew by 3.99 percent, supported largely by agriculture, telecommunications, real estate, trade, financial services, construction, transportation, and manufacturing activities.
NBS said the latest figures reflect a gradual economic recovery, supported by improved sectoral output and rising domestic economic activities.
