The National Bureau of Statistics (NBS) has announced that Nigeria’s Gross Domestic Product (GDP) grew by 4.23% in the second quarter of 2025 (Q2’25). This marks a significant increase from the 3.13% growth recorded in the first quarter (Q1’25), representing a 1.1 percentage point quarter-on-quarter (QoQ) rise.
This growth indicates a positive trend in Nigeria’s economic performance, with the NBS’s data providing valuable insights into the country’s economic trajectory. The 4.23% growth rate in Q2 2025 suggests that the economy is expanding, driven by various factors that contributed to the 1.1 percentage point increase from Q1 2025.
