Nigeria’s GDP Climbs 3.98% in Q3 2025
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Nigeria’s GDP grew by 3.98% in Q3 2025, a slowdown from 4.23% in Q2, reflecting continued quarter-to-quarter instability over the past year. Growth had risen to 3.86% in Q3 2024 before dipping to 3.76% in Q4 2024 and 3.13% in Q1 2025.
According to the NBS, agriculture expanded by 3.79%, industry by 3.77%, and services by 4.15%, with the services sector contributing 53.02% of total GDP. Average oil production rose year-on-year to 1.64 mbpd, though output was slightly below Q2’s 1.68 mbpd. The oil sector grew 5.84% YoY, while the non-oil sector expanded 3.91% in the quarter.
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Published on December 2, 2025
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