By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Non oil sector drives Nigeria economic growth

Last updated: February 28, 2026 12:42 pm
2 months ago
Share
1 Min Read
aitlive - FG
Nigeria's Coat-of-Arms

Nigeria’s economy expanded by 4.07 per cent year-on-year in the fourth quarter of 2025, according to the latest GDP report released by the National Bureau of Statistics.

The growth marks an improvement from 3.76 per cent recorded in Q4 2024, reflecting a stronger year-end performance. Full-year growth stood at 3.87 per cent, up from 3.38 per cent in 2024.

Data from the NBS shows broad-based expansion across agriculture, industry, oil and services. Agriculture grew by 4.00 per cent, industry by 3.88 per cent, and services by 4.15 per cent, with services accounting for 55.92 per cent of total GDP in the quarter.

MUST READ: 25 PDP Lawmakers in Osun Assembly Join Accord Party

In nominal terms, GDP rose by 17.55 per cent to N122.81 trillion from N104.48 trillion in Q4 2024. Average daily crude oil production increased to 1.58 million barrels per day, up from 1.54 million barrels per day a year earlier, though slightly below Q3 2025 levels.

The oil sector recorded 6.79 per cent real growth, while the non-oil sector grew by 3.99 per cent and contributed 97.13 per cent to GDP in the quarter, underscoring its continued dominance in economic activity.

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • Youth Charter Marks International Coaching Week with Global Call for a New Generation of “Social Coaches” Inspired by the Legacy of Muhammad Ali and the United Nations (UN) Sustainable Development Goals May 11, 2026
  • Africa’s next energy boom will be won through infrastructure, not exploration alone May 11, 2026
  • President El-Sisi Heads to Kenya to Participate in the Africa–France Summit May 11, 2026
  • Telecoming Strengthens Its Presence in Africa with the Launch of DCB Software South Africa May 11, 2026
  • From Megawatt (MW) to Gigawatt (GW): Why Africa Must Think in Grid-Scale Power to Compete in the Artificial Intelligence (AI) Economy May 11, 2026

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?