Nigeria’s economy grew by 4.07 per cent in the fourth quarter of 2025, according to new data released by the National Bureau of Statistics (NBS), marking one of the strongest quarterly performances in the past decade outside the immediate post-pandemic rebound.
The figure represents the second time in ten years that quarterly growth has exceeded 4 per cent. It also follows the 4.23 per cent expansion recorded in the second quarter of 2025 and shows a clear improvement from the 3.76 per cent posted in the fourth quarter of 2024.
Reacting to the development, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the growth reflects strengthening macroeconomic stability and the impact of ongoing economic reforms under President Bola Ahmed Tinubu.
Sectoral Performance
Data from the NBS indicate that growth in Q4 2025 was broad-based across agriculture, industry and services.
The agricultural sector expanded by 4.0 per cent, up from 2.54 per cent in the corresponding period of 2024, supported by improved security in food-producing areas and better access to farming inputs.
The industrial sector grew by 3.88 per cent, compared with 2.49 per cent a year earlier. Analysts attribute the improvement to increased foreign exchange liquidity, reforms in the energy sector and stronger investor confidence.
The services sector recorded 4.15 per cent growth, driven by sustained expansion in finance, telecommunications, trade and technology-related activities.
Overall, about 30 subsectors recorded growth rates above 3 per cent, highlighting the breadth of the expansion and signs of increasing economic diversification.
Full-Year Performance
For the full year 2025, Nigeria’s real GDP grew by 3.87 per cent, up from 3.38 per cent in 2024. The size of the economy rose to ₦441.5 trillion, compared with ₦372.8 trillion the previous year.
Officials say the improved performance reflects tighter fiscal coordination, more disciplined public spending, stronger revenue mobilisation and continued structural reforms aimed at restoring macroeconomic credibility.
The latest data are expected to bolster investor confidence, as policymakers continue efforts to consolidate reforms and sustain economic recovery.(News register.com)