Nigeria's GDP Growth Slows to 3.98% in Q3 2025, Non-Oil Sector Dominates

Nigeria's GDP growth in Q3 2025 slowed to 3.98%, with the non-oil sector accounting for 96.56% and the oil sector for 3.44%. The Nation Bureau of Statistics (NBS) reported a nominal GDP of N113.58 trillion, representing an 18.12% increase from the previous year.

The service sector contributed 52.03% to real GDP, while agriculture saw a 31.21% increase. Manufacturing and trade sectors experienced growth but at lower rates compared to previous quarters.