Nigeria's GDP Growth Hits 4.43% in Q2 2026

The National Bureau of Statistics (NBS) reported that Nigeria's Gross Domestic Product (GDP) growth rate increased to 4.43% in the second quarter of 2026 (Q2 2026), compared to 3.89% in the first quarter of the same year. This growth also reflects an improvement from the 4.23% recorded in Q2 2025.

In nominal terms, the aggregate GDP at basic price stood at N119.29 trillion, a significant increase from N100.73 trillion in Q2 2025. The services sector was the largest contributor to the GDP, accounting for 56.62% of the total, which is a slight increase from 56.53% in the corresponding quarter of the previous year.

The report indicates a positive trend in the Nigerian economy, showcasing growth in key sectors.