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Nigeria’s GDP rises to ₦122.81 trillion in Q4 2025
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Economy records 4.07% GDP growth driven by services sector
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Non-oil sector dominates GDP with 97.13% contribution
Nigeria’s nominal Gross Domestic Product (GDP) increased to ₦122.81 trillion in the fourth quarter of 2025, according to the latest report released by the National Bureau of Statistics (NBS).
The report showed that the country’s economy expanded by 4.07 percent in real terms during the period under review, reflecting steady economic growth.
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Data from the NBS indicated that nominal GDP rose by ₦9.22 trillion from ₦113.59 trillion recorded in the previous quarter.
The breakdown of the figures showed that the non-oil sector remained the major driver of economic activity, accounting for 97.13 percent of total GDP, while the oil sector contributed 2.87 percent.
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Further analysis revealed that the services sector led economic growth with a contribution of 55.92 percent, followed by agriculture at 28.66 percent and industry at 15.42 percent.
The statistics agency noted that the industry sector recorded a growth rate of 3.88 percent, an improvement from 2.49 percent in the corresponding period of 2024.
Similarly, the services sector posted a growth rate of 4.15 percent, compared to 4.75 percent recorded in the fourth quarter of 2024.
Nominal GDP represents the total monetary value of goods and services produced within a country over a specified period.
