Service Sector Led Nigeria Q3’25 Economic Expansion
During the week, the National Bureau of Statistics (NBS) published one of the major economic indication data, Gross Domestic Product (GDP) for the third quarter (Q3) of 2025. According to the report, Nigeria’s economy expanded by 3.98%y/y in Q3’25 to ₦57.0 trillion from ₦54.9 trillion in Q3’24. Although, this represents a slower expansion compared to 4.23%y/y growth in Q2’25, it is faster than 3.86% y/y growth recorded in Q3’24, showing mixed recovery across key sectors. On a quarter-on-quarter basis…
