GDP

The IMF maintained Nigeria’s 2026 growth forecast at 4.1 percent, citing resilience despite global uncertainty and the impact of the Middle East conflict. Nigeria’s economy expanded by 3.89 percent in Q1 2026, but growth remains concentrated in sectors...

May 26 (THEWILL) — Nigeria’s trade sector accounted for 17.89 percent of the country’s Gross Domestic Product (GDP) in the first quarter of 2026, reinforcing its position as one of the largest drivers of economic activity despite persistent macroeconomic...

March 02, (THEWILL) — Nigeria's real Gross Domestic Product (GDP) recorded a year-on-year growth of 4.07 percent in the fourth quarter of 2025, which is being hailed as the highest quarterly growth rate since Q4 2024. However, this figure...

February 28, (THEWILL) — Nigeria’s economy sustained its growth momentum in the fourth quarter of 2025, with Gross Domestic Product (GDP) rising by 4.07 percent in real terms, while full-year expansion settled at 3.87 percent, according to the...

January 28, (THEWILL) — One of Nigeria’s notable policy groups, the Independent Media and Policy Initiative (IMPI) has said that the new economic model deployed by the President Bola Tinubu administration is bound to drive the country’s GDP higher...

December 07, (THEWILL) — A disturbing image has emerged regarding Nigeria's looming food crisis. This situation indicates a perilous trend that jeopardises the expansion of the Gross Domestic Product (GDP) and the stability of foreign exchange, among other notable...

December 02, (THEWILL) — Nigeria’s economy expanded by 3.98 percent in the third quarter of 2025, supported largely by stronger-than-expected performance in the agricultural and industrial sectors, according to newly released data from the National Bureau of Statistics...

December 01, (THEWILL) — Nigeria’s economy continued its steady recovery in the third quarter of 2025, recording a 3.98 per cent year-on-year growth in real Gross Domestic Product, according to the latest figures released on Monday by the National...

September 22, (THEWILL) — The National Bureau of Statistics (NBS) on Monday announced that Nigeria’s Gross Domestic Product (GDP) grew by 4.23 per cent in the second quarter of 2025 (Q2’25). The figure marks a 1.1 percentage point increase from...

August 03, (THEWILL) — The transformation initiatives at the Nigeria Inter-Bank Settlement System (NIBSS) towards revolutionising the country’s payment landscape is central to the expansion of the economy driven by the services sector. Nigeria’s economy expanded by 3.13 percent year-on-year...