Nigeria’s nominal Gross Domestic Product, which measures the final value of goods and services produced in the country’s economy at current market prices without any inflation or deflation adjustment, rose to N100.73 trillion in the second quarter of 2025, up from N94.05 trillion in the preceding quarter.
Meanwhile, real GDP for the same period stood at N51.20 trillion.
This is according to the National Statistics’ latest GDP report released on Monday.
The report showed that non-oil sectors propelled this quarter’s GDP growth with 95.95 per cent, compared with the oil sector, which stood at 4.05 per cent.
Further details indicated that the services (26.16 per cent) and agriculture (17.31 per cent) sectors mainly drove Africa’s most populous nation’s economy to a 4.23 per cent growth rate in the period under review.
This comes after Nigeria in July 2025 rebased its GDP to reflect economic realities, which stood at N372.8 trillion in 2024.
