Nigeria's Economy Soars in Q2 2025, Led by Coal Mining and Rail Transport Growth

Nigeria's economy saw accelerated growth in Q2 2025, with the top 10 fastest-growing sectors outperforming Q1 and Q2 2024. According to the National Bureau of Statistics (NBS), sectors like coal mining, quarrying, and rail transport led the growth, driven by renewed infrastructure investments.

Coal mining particularly stood out with a four-quarter expansion due to increased demand for energy diversification and rehabilitation. The GDP expanded in Q2 2025, indicating a strengthening domestic demand beyond the petroleum sector.

The report also highlighted the power sector's recovery and emphasized the importance of tariff adjustments, infrastructure spending, and security measures for sustained growth.