Nigeria’s economy recorded a modest improvement in the third quarter of 2025, with the National Bureau of Statistics reporting a year-on-year GDP growth rate of 3.98 per cent. The figure edges past the 3.86 per cent posted in the same period of 2024, reflecting a steady, though gradual, recovery across key segments of the economy.
According to the NBS report, agriculture expanded by 3.79 per cent, a notable rise from the 2.55 per cent growth recorded in the third quarter of last year. Officials attributed the improvement to better seasonal conditions and continued support for primary production.
The industry sector also strengthened, posting a growth rate of 3.77 per cent compared with 2.78 per cent in the corresponding quarter of 2024. The bureau noted that stronger activity in manufacturing, mining, and energy supply contributed to the overall performance.
Services remained the largest contributor to national output. The sector grew by 4.15 per cent, slightly lower than the 4.97 per cent recorded a year earlier, but still maintained a dominant share of the economy. Services accounted for 53.02 per cent of total GDP during the period, compared with 52.93 per cent in the third quarter of 2024.
The NBS stated that the combined performance of the three major sectors underlines a stable outlook, supported by gradual improvements in production, trade, and broader economic activity.
