Nigeria GDP growth 2025
Warning: Businesses hit by rising costs despite growth
Nigerian businesses recorded moderate growth in August 2025, but rising costs continue to cast a shadow over profitability and investor sentiment, according to the latest NESG–Stanbic IBTC Business Confidence Monitor (BCM). The report showed that the Current Business Index (CBI) climbed to 107.3 points in August, up from 105.4 in July, reflecting improvements in manufacturing, […]
Nigeria’s Economy Expands by 3.13% in Q1 2025, Says NBS
Nigeria’s economy expanded by 3.13 per cent year-on-year in real terms in the first quarter (Q1) of 2025, according to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS). This marks a significant improvement over the 2.27 per cent growth recorded in Q1 2024, indicating sustained recovery despite persistent […]
Afreximbank Warns External Shocks Threaten Nigeria’s Economic Outlook
Despite positive strides toward economic recovery and industrial self-reliance, Nigeria’s economy remains significantly vulnerable to external shocks, according to the latest Afreximbank Business Report released on Tuesday. The African Export-Import Bank projects that Nigeria’s Gross Domestic Product (GDP) growth will rise modestly from 3.4% in 2024 to 3.8% in 2025, buoyed largely by increased domestic […]