Nigeria’s economy records fastest growth in three years
Nigeria’s economy expanded at its fastest pace in three years in 2025, supported by stronger output in agriculture and industry, as policymakers seek to entrench reforms in Africa’s most populous economy.
Gross domestic product grew 4.07 percent year-on-year in the fourth quarter of 2025, higher than the 3.76 percent recorded in the same period of 2024, according to data released by the National Bureau of Statistics on Friday. For the full year, growth stood at 3.87 percent, up from 3.38 percent in 2024.
The latest print marks Nigeria’s strongest annual performance since 2022 and extends the rebound from the pandemic-induced contraction of 6.96 percent in 2020. Growth recovered to 0.95 percent in 2021, accelerated to 4.32 percent in 2022, slowed to 3.04 percent in 2023, and has now strengthened for two consecutive years.



