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Nigeria’s GDP Expands By 4.07% in Q4 2025 on Strong Non-oil Performance

Naija News • 2d ago
Nigeria’s GDP Expands By 4.07% in Q4 2025 on Strong Non-oil Performance
**Nigeria's Economy: A Beacon of Hope in Q4 2025** In a welcome respite for Nigerians, the country's economy recorded a remarkable growth of 4.07% in the fourth quarter of 2025, driven primarily by a strong non-oil sector performance. This development, announced by the National Bureau of Statistics (NBS), underscores the progress made by the current administration in strengthening macroeconomic stability. According to Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, this achievement is a testament to the tangible impact of the government's economic reform programme. The growth rate is particularly noteworthy, considering the country's economic trajectory in recent years. The economy expanded by 3.87% in 2025, surpassing the 3.38% recorded in 2024. The data released by the NBS shows that the non-oil sector was the driving force behind the growth, contributing 97.13% to the GDP in the review period. The services sector, which includes the telecommunications, banking, and hospitality industries, continued to thrive, contributing 55.92% to the GDP. Meanwhile, the oil sector, which has historically been a major contributor to the economy, contributed a relatively modest 2.87% to the GDP. The Naira also recorded significant gains in February, appreciating at both the official and parallel windows. This development, coupled with the stock market's impressive growth of N24.4 trillion in the first two months of 2026, is a clear indication of the improving economic fundamentals. The average return on investment in the Nigerian stock market increased significantly, reflecting the growing confidence of investors in the economy. The agricultural sector, which has been a key driver of economic growth in recent years, contributed 28.66% to the GDP in real terms in Q4 2025. The manufacturing sector, which has been a major focus of the government's economic reform programme, contributed 8.34% to the GDP. Overall, the economic growth recorded in Q4 2025 is a welcome development for Nigerians, offering a glimmer of hope for a brighter economic future. As the government continues to implement its economic reform programme, it is essential to sustain this momentum and build on the progress made so far.
Source: Original Article. AI-enhanced version.