Nigeria’s Economy Records Big Boost as Growth Hits 4.07%
By Patience Ikpeme
Nigeria’s economy is showing signs of a major comeback as new data shows that the country’s wealth grew by 4.07% in the final three months of 2025.
This positive news was shared by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, following the latest report from the National Bureau of Statistics (NBS).
This new growth is a big deal because it is only the second time in ten years—outside of the period right after the COVID-19 pandemic—that the economy has grown by more than 4% in a single quarter. It shows that the country is moving faster than the 3.76% growth seen during the same time in 2024.
According to the Minister, this progress shows that the economic reforms started by President Bola Ahmed Tinubu are beginning to yield real results for the country. The data reveals that almost every part of the economy contributed to this success.
Agriculture, which is where many Nigerians earn their living, grew by 4.0%. This is much better than the 2.54% recorded the previous year. The Minister said this happened because there is better security in areas where food is grown, and farmers now have better access to seeds, fertilizers, and other tools they need to work.
The industrial sector also saw a jump, growing by 3.88%. This was made possible because it is now easier for businesses to get foreign exchange, and there have been important changes in the energy sector that have helped restore the confidence of people looking to invest money in Nigeria.
The services sector, which includes businesses like banks, telecommunications, and trade, also did well with a 4.15% growth. In total, about 30 different small parts of the economy grew by more than 3%, showing that the progress is spread out and not just limited to one or two areas.
Looking at the entire year of 2025, the Nigerian economy grew by 3.87%, which is an improvement from the 3.38% recorded in 2024. Because of this, the total value of Nigeria’s economy has now risen to ₦441.5 trillion, up from ₦372.8 trillion the year before.
Mr. Wale Edun explained that these numbers tell a story of a country that is managing its money better and spending more wisely. He said this data sends a powerful message to the rest of the world that Nigeria is becoming a safe and profitable place for big businesses to bring their money.
“Nigeria is positioning itself as a stable and competitive destination for long-term capital,” the Minister said.
He also pointed out that the government is working harder to collect revenue properly and be more transparent with how public money is used. The Ministry of Finance promised to keep pushing these reforms and to work closely with both local and international partners to make sure the economy stays on this right path.
