According to the Q1 2025 GDP Report, the economy grew 3.13 persistent year-on-year in real terms, an improvement over the 2.27 percent recorded in Q1 2024. That’s a solid uptick and the best first-quarter performance in over a year. But the story beneath the surface is more layered.
The numbers at a glance
According to the National Bureau of Statistics (NBS), three sectors including services, industry,
Yes, the numbers are up, but the mood is down. Nigeria’s latest economic figures tell a story few citizens recognise.
According to the Q1 2025 GDP Report, the economy grew 3.13 persistent year-on-year in real terms, an improvement over the 2.27 percent recorded in Q1 2024. That’s a solid uptick and the best first-quarter performance in over a year. But the story beneath the surface is more layered.
The numbers at a glance
According to the National Bureau of Statistics (NBS), three sectors including services, industry,