FX.co ★ Nigeria’s Q3 GDP Growth Eases Slightly to 4.07% Year-on-Year

Nigeria’s economy expanded by 4.07% year-on-year in the third quarter of 2025, marginally below the previously recorded 4.23% growth for the same period. The latest data, updated on 27 February 2026, indicate a slight moderation in momentum but still point to a solid expansion pace.

Both the current and previous readings relate to year-on-year changes for the third quarter of 2025, with the “actual” figure of 4.07% now replacing the earlier 4.23% estimate. The comparison uses a year-over-year basis, measuring third-quarter performance against the same quarter a year earlier, in line with the standard methodology where each reading reflects growth relative to the corresponding period of the previous year.

The small downward revision suggests that while Nigeria’s output growth remains robust, earlier assessments slightly overstated the strength of the expansion. Further details on sectoral contributions and drivers of the revision were not provided in the latest release.