How Agric, Industrial Sectors Pushed Nigeria’s GDP By 3.98% In Q3

How Agric, Industrial Sectors Pushed Nigeria’s GDP By 3.98% In Q3

According to a National Bureau of Statistics study, Nigeria’s GDP increased by 3.98% (year over year) in real terms during the third quarter of 2025. The research claimed the growth rate is greater than the 3.86% achieved in the third quarter of 2024.The study added in nominal terms, the economy is N113.587trn and the performance is higher when compared to the third quarter of 2024, which recorded an aggregate GDP of N96.160trn, suggesting a year-on-year nominal growth of 18.12%.It noted that during the quarter under review, agriculture grew by 3.79%, an improvement from the 2.55% recorded in the corresponding quarter of 2024 while the growth of the Industrial sector stood at 3.77% from 2.78% recorded in the third quarter of 2024 and the Services sector recorded a growth of 4.15% from 4.97% in the same quarter of 2024.

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