Nigeria’s GDP grow 3.98% in Q3 2025 – Report

Omeiza Bilal

Nigeria’s economy recorded a 3.98 per cent year-on-year growth in real terms in the third quarter of 2025, according to data released by the National Bureau of Statistics (NBS).

The figure marks a modest improvement over the 3.86 per cent growth recorded in the same period of 2024.

The NBS report showed that agriculture, a key driver of Nigeria’s economy, grew by 3.79 per cent, up from 2.55 per cent in the third quarter of 2024, reflecting increased output in crop production, livestock, and fisheries.

The industry sector also showed resilience, expanding by 3.77 per cent, compared to 2.78 per cent in the previous year, driven largely by manufacturing, construction, and mining activities.

Meanwhile, the services sector, which remains the largest contributor to the economy, grew by 4.15 per cent, slightly down from 4.97 per cent in the same quarter of 2024.

The sector accounted for 53.02 per cent of total GDP, up marginally from 52.93 per cent in Q3 2024, underscoring its dominant role in Nigeria’s economic structure.