NBS ‘Nigeria’s GDP grows 4.4% in Q2 2026

by Ojimaojo Abubakar

August 31, 2026

in Business

NBS ‘Nigeria’s GDP grows 4.4% in Q2 2026

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Nigeria’s economy grew by 4.4 per cent year-on-year in the second quarter of 2026, up from the 4.2 per cent recorded in the corresponding period of 2025, the National Bureau of Statistics (NBS) said on Monday.

The growth was driven by improved performances in both the oil and non-oil sectors during the quarter.

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The oil sector expanded by 7.3 per cent year-on-year in Q2 2026, while the non-oil sector grew by 4.3 per cent over the same period.

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The latest GDP growth figures indicate a modest acceleration in economic activity compared with the 4.2 per cent growth recorded in Q2 2025.

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Ojimaojo Abubakar

Abubakar Ojimaojo is a graduate of Mass Communication, political and football analyst currently work at elanzanews.ng as Editor. He pride himself as skilled wordsmith with a passion for delving into contemporary political issues on both national and international scale.

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