Nigeria’s GDP grows by 4.07% in Q4 2025 — NBS

….As Economy expands to N441.5trn
Barbara Bako, Abuja.

Nigeria’s real Gross Domestic Product (GDP) expanded by 4.07 per cent year-on-year in the fourth quarter of 2025, reflecting broad-based economic momentum and marking one of the strongest quarterly performances in a decade, data from the National Bureau of Statistics (NBS) showed.

The latest data was welcomed by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who described the development as evidence of strengthening macroeconomic stability and the impact of the Federal Government’s reform programme under President Bola Ahmed Tinubu.

The 4.07 per cent growth recorded in Q4 2025 represents the second time in ten years excluding the immediate post-pandemic rebound that quarterly growth has surpassed the four per cent mark.

It follows a 4.23 per cent expansion in the second quarter of 2025 and shows an acceleration from the 3.76 per cent posted in the fourth quarter of 2024.

Data from the NBS indicated that growth in the fourth quarter was driven by sustained expansion across the three major sectors of the economy agriculture, industry and services.

The agricultural sector grew by 4.0 per cent, a notable improvement from 2.54 per cent in Q4 2024.

The improvement was attributed to improved security in food-producing areas, enhanced access to inputs and targeted productivity interventions.

The industrial sector expanded by 3.88 per cent, compared to 2.49 per cent in the corresponding period of 2024, supported by improved foreign exchange liquidity, reforms in the energy sector and renewed investor confidence.

Similarly, the services sector recorded 4.15 per cent growth, reflecting continued resilience and expansion in finance, telecommunications, trade and technology-driven segments of the economy.

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The data further showed that about 30 subsectors posted growth rates above three per cent, pointing to a broadening and deepening of economic expansion rather than growth concentrated in a few segments.

For the full year 2025, Nigeria’s real GDP grew by 3.87 per cent, improving on the 3.38 per cent recorded in 2024. The size of the economy rose to N441.5 trillion in 2025, up from N372.8 trillion the previous year.

According to the Finance Ministry, the expansion reflects strengthening economic fundamentals, improved fiscal coordination, disciplined expenditure management and reforms aimed at restoring macroeconomic credibility.

The Minister said the latest figures send a positive signal to foreign investors, multilateral institutions and global economic stakeholders, noting that ongoing efforts to enhance revenue mobilisation, improve transparency in public finance and sustain structural reforms are positioning Nigeria as a stable and competitive destination for long-term capital.

The Ministry reiterated its commitment to disciplined reform implementation, coordinated economic management and transparent engagement with both domestic and international stakeholders.