FX.co ★ Nigeria GDP Grows Slightly Faster in Q4

Nigeria’s economy expanded by 4.07% year-on-year in Q4 2025, edging up from 3.98% in the previous quarter. The crucial oil sector grew by 6.79%, accelerating from 5.84% in Q3, supported by higher crude output compared to a year earlier. Average daily crude oil production stood at 1.58 million barrels per day in Q4, up from 1.54 million bpd in the same period of the previous year, though slightly below the 1.64 million bpd recorded in Q3.

The non-oil sector increased by 3.99% in Q4, compared with 3.91% in Q3, driven mainly by agriculture (4.0%); information and communication (7.55%); real estate (3.43%); finance and insurance (8.30%); trade (2.0%); construction (5.08%); and manufacturing (1.13%).

For full-year 2025, Nigeria’s economic growth reached 3.9%, up from 3.4% in the previous year.