Nigeria's Economy Grows 4.43% in Second Quarter

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Nigeria's Economy Grows 4.43% in Second Quarter

ABUJA — Nigeria's economy grew by 4.43 per cent in the second quarter of 2026, up from 3.89 per cent in the first quarter and 4.23 per cent a year earlier, according to the National Bureau of Statistics. The oil sector grew 7.31 per cent as output averaged 1.72 million barrels per day, while non-oil sectors grew 4.31 per cent. Services accounted for 56.6 per cent of GDP and agriculture 26.2 per cent, while the share of manufacturing fell to 7.72 per cent. In a statement, President Bola Tinubu said the reforms are working and that the focus is now on household prosperity.

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