Nigeria’s economy expanded by 3.89 per cent year-on-year in the first quarter of 2026, according to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS).
The growth rate represents an improvement from the 3.13 per cent recorded in the corresponding period of 2025, reflecting continued resilience across key sectors of the economy despite lingering macroeconomic challenges.
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NBS data showed a broad-based, though uneven, recovery, with the agricultural sector posting one of the strongest improvements during the quarter.
Agriculture grew by 3.15 per cent in Q1 2026, a sharp increase from the 0.07 per cent growth recorded in Q1 2025, underscoring a significant rebound in the sector’s performance.
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