Nigeria’s Economy Accelerates to 4.07% Growth in Q4 2025

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Nigeria’s economy ended 2025 on a powerful upswing, recording 4.07% year-on-year growth in the fourth quarter, its fastest quarterly performance in years, according to fresh data from the National Bureau of Statistics.

The figure represents a steady climb from 3.76% in Q4 2024 and slightly higher than 3.98% in Q3 2025, reinforcing signs of sustained economic momentum under President Bola Ahmed Tinubu’s reform programme.

Finance Minister Wale Edun hailed the result as a major milestone, noting that quarterly growth above 4% has occurred only twice in the past decade outside the immediate post-pandemic rebound period. He attributed the improvement to tighter fiscal discipline, improved foreign-exchange management, and renewed investor confidence.

Nigeria’s growth was broad-based across key sectors, suggesting deeper structural strength:

Agriculture: expanded 4.0%, up sharply from 2.54% a year earlier, aided by improved security in farming regions and better access to fertilizers and inputs.

Industry: rose 3.88%, supported by stronger crude oil production averaging 1.58 million barrels per day and energy-sector reforms.

Services: led overall performance with 4.15% growth, driven by finance, telecoms, IT, trade, and real estate activity.

The statistics agency reported that about 30 subsectors posted growth above 3%, highlighting increasing diversification and resilience beyond Nigeria’s traditional reliance on oil revenues.

For the full year, Nigeria’s real GDP grew 3.87% in 2025, improving on 2024’s 3.38%. In nominal terms, the economy expanded to ₦441.5 trillion, compared with ₦372.8 trillion the previous year.

Officials from the Federal Ministry of Finance said the figures underscore the impact of ongoing reforms designed to stabilize the macroeconomic environment, strengthen revenue collection, and attract domestic and foreign investment.

Despite persistent challenges such as cost-of-living pressures, analysts say the latest numbers indicate that non-oil sectors are increasingly powering Africa’s largest economy, raising expectations that Nigeria may be entering a more stable phase of sustained growth.