Nigeria’s GDP rises to 3.89% in Q1 2026, services sector leads recovery —NBS
National Bureau of Statistics NBS
Abdullateef Fowewe
Nigeria’s economy has expanded at a faster pace in the first quarter of 2026.
This was made known in a report obtained from the National Bureau of Statistics (NBS) on Monday, driven largely by the services sector.
“Gross Domestic Product grew by 3.89% (YoY) in real terms in Q1 2026, higher than the 3.13% recorded in Q1 2025,” the NBS said in its quarterly report.
The uptick marks an improvement in real output compared with the same period last year.
The services sector remained the dominant force in the economy, contributing the largest share to aggregate output.
In the report the NBS said, “In terms of share of the GDP, the services sector contributed more to the aggregate GDP in Q1 2026 at 57.73%.”
That 57.73% share was the highest among the major sectors for the quarter.
The report also shows nominal GDP of ₦110.79 trillion and real GDP of ₦51.26 trillion for Q1 2026.
Supporting charts included with the release set the latest figures alongside historical quarterly and annual growth trends, highlighting the recent momentum in output.
