Nigeria’s real Gross Domestic Product grew by 4.23 per cent (year-on-year) in the second quarter of 2025, the National Bureau of Statistics revealed in its Q2 2025 GDP Report.
According to the report released on Monday on its website, the figure shows a significant improvement compared to 3.48 per cent recorded in the second quarter of 2024 and the 3.13 per cent recorded in Q1 2025.
PUNCH Online reports the figures signal a strengthening economy, driven by recent rebasing, rebound in oil production and a resilient non-oil sector.
The report said, “Following the rebasing [url][/url]of the Gross Domestic Product using 2019 as the base year, previous quarterly GDP estimates were benchmarked to the rebased annual estimates to align the old series with the new rebased estimates
https://punchng.com/breaking-nigerias-gdp-grows-by-4-23-in-q2-2025-nbs/
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