Nigeria's GDP Grows by 4.23% in Q2 2025, Meeting OPEC Quotas

Nigeria's GDP grew by 4.23% in Q2 2025, with average daily crude oil production rising to a four-year high. This growth allows Nigeria to meet OPEC quotas.

The economy's growth figure was recalculated using a 2019 base year, showing improvements in agriculture, industry, and services sectors compared to 2024. The industry sector contributed significantly to GDP growth, with nominal growth higher than in the previous year.

This data indicates positive economic performance for the nation in the second quarter of 2025.