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Nigeria's GDP Grows by 4.23% in Q2 2025, Key Sectors Show Resilience

Business
This Day
1 min read
Nigeria's GDP Grows by 4.23% in Q2 2025, Key Sectors Show Resilience

Nigeria's Gross Domestic Product (GDP) grew by 4.23% in the second quarter of 2025, showing a positive trend compared to the previous year. The National Bureau of Statistics reported growth in agriculture, industry, and service sectors, with agriculture expanding by 2.5% and industry by 3.8%.

The service sector also recorded growth, contributing significantly to the GDP. This growth indicates a steady economic recovery and resilience in key sectors despite challenges.

The increase in GDP reflects positive developments in Nigeria's economy, offering hope for sustained growth and stability in the coming quarters.

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