How GDP expanded by 3.89% in Q1 2026

Dailytrust | 26-05-2026 03:37pm |

Nigeria's Gross Domestic Product (GDP) experienced a year-on-year growth of 3.89% in real terms during the first quarter of 2026, according to a report released by the National Bureau of Statistics (NBS). This growth rate surpasses the 3.13% recorded in the same quarter of the previous year, indicating a positive trend in economic performance despite ongoing structural weaknesses within the economy. The report highlights various sectors contributing to this growth, reflecting a gradual recovery and resilience in the face of economic challenges.

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