Nigeria's GDP grew by 3.89% in Q1 2026, up from 3.13% in Q1 2025. The agricultural sector grew by 3.15%, while the industrial sector saw a growth of 3.50%. Despite structural weaknesses, the economy shows resilience outside the oil sector.
Nigeria's manufacturing sector contributed 9.57% to the country's GDP in Q1 2026, a slight decline from 9.62% in Q1 2025 but an improvement from 7.40% in Q4 2025, driven by increased activity in consumer goods, cement, and food processing.
Nigeria's trade sector contributed 17.89% to the GDP in Q1 2026, slightly lower than 18.21% in Q1 2025. Despite macroeconomic pressures, the sector showed moderate year-on-year growth, with overall GDP growth at 3.89%.
