Nigeria Q2 GDP grows 4.4 percent

Nigeria reports a Q2 2026 economic growth rate of 4.43 percent year-on-year, up from 3.89 percent in the previous quarter. Both oil and non-oil sectors contributed to the acceleration, according to the National Bureau of Statistics.

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FILE PHOTO: A drone view of the Marina in Lagos, Nigeria, December 2, 2025. REUTERS/Sodiq Adelakun/File Photo

Nigeria expanded 4.43% year-on-year in the second quarter, up from 3.89% in the preceding period. The expansion reflects broader momentum across both oil and non-oil sectors. The figure remains below official targets set for next year.

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