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.
Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.
Read full article
Continue on NairaMetrics
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigeria's Economy Surges to 4-Year High in Q2 2025 - NBS Report
Nigeria's GDP Grows by 4.23% in Q2 2025, Meeting OPEC Quotas
Nigeria's GDP Surges by 4.23% in Q2 2025, Sectoral Growth Reported
Nigeria's Finance Sector Records 16.13% Growth in Q2 2025
Nigeria's GDP Grows by 4.23% in Q2 2025, Key Sectors Show Resilience
Nigeria’s GDP expected to expand between 3.2% and 3.9% in Q2 2025 on rebasing, stable FX, stronger business activity
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
