Nigeria’s economy recorded a mixed performance in the third quarter of 2025, but several key industries posted strong growth driven by domestic reforms, improving market conditions, and rising consumer activity. Recent figures from national economic trackers show that a combination of technology expansion, improved agricultural output, and greater private-sector participation helped sustain momentum across multiple sectors. The following overview highlights the ten industries that grew the fastest during the period.
**Information and Communications Technology**
The ICT sector remained one of the country’s strongest performers. Growth was supported by increased broadband penetration, ongoing investment in data centres, and the rapid expansion of digital services. Demand for fintech solutions, cloud infrastructure, and e-commerce platforms continued to rise as businesses shifted further toward technology-driven operations.
**Telecommunications**
Telecom operators experienced another quarter of steady expansion. Subscriber additions, network upgrades, and growing consumption of data services helped reinforce the sector’s position as a major contributor to GDP. Operators also invested heavily in rural coverage to meet regulatory targets and expand market access.
**Agriculture and Agro-processing**
Agriculture recorded improved output, helped by favourable weather, better access to inputs, and new state-level initiatives supporting small and medium-scale farmers. Growth was especially notable in crop production, livestock development, and early processing activities. The push toward mechanisation and value-chain integration also boosted the sector’s performance.
**Manufacturing**
The manufacturing sector posted gains tied to rising local demand, improved electricity supply in certain clusters, and increased uptake of locally sourced raw materials. Food and beverage production, pharmaceuticals, and household goods were among the best-performing segments. Government incentives for backward integration supported renewed investor interest.
**Transportation and Logistics**
Logistics operators benefited from a busier commercial environment. Expansion in e-commerce, improvements in some ports, and increased cargo movement helped lift sectoral output. Private investment in haulage, warehousing, and regional transport corridors provided additional support.
**Financial Services**
Banks and financial institutions continued to record growth driven by higher transaction volumes, increased lending activity, and sustained adoption of digital payment channels. Capital market activity strengthened as well, reflecting greater investor confidence in selected industries.
**Construction and Real Estate**
Construction companies saw increased activity linked to public infrastructure projects and the gradual recovery of the housing market. Road works, commercial building projects, and urban renewal schemes contributed to the sector’s expansion. Real estate developers also reported stronger demand in mid-range residential properties.
**Energy and Power Services**
The energy sector posted moderate but notable gains. Expansion in gas supply, improvements in generation capacity, and fresh interest in modular power projects provided momentum. Investments in renewable energy solutions, especially solar installations for commercial clients, added to the sector’s growth.
**Trade and Retail**
The trade sector benefited from improved inventory flows and a modest rise in consumer purchases. Retail operators recorded better foot traffic, while wholesalers enjoyed stronger linkages with manufacturing hubs. The sector’s performance reflected gradual economic stabilisation and improved supply chain efficiency.
**Mining and Solid Minerals**
Although facing regulatory scrutiny in several states, the mining sector still registered growth as new investors entered exploration activities under stricter oversight. Increased interest in limestone, gold, lithium, and other strategic minerals helped drive activity, supported by reforms aimed at formalising the value chain.
**Conclusion**
The performance of these ten sectors in Q3 2025 points to a gradual realignment of Nigeria’s economy toward technology-driven services, diversified production, and broader private-sector participation. While challenges remain, especially in inflation control and security conditions, the results show areas of resilience that are likely to influence economic planning in the coming quarters.
