Nigeria’s GDP grows by 3.89% in Q1 2026, non-oil sector accounts for 96%

Nigeria’s Gross Domestic Product, GDP, grew by 3.89 percent in real terms in the first quarter of 2026, as the non-oil sector accounted for 96.08 percent. 

The National Bureau of Statistics, NBS, disclosed this in its GDP report for Q1 2026 released on Monday. 

The Q1 GDP figure is higher than the 3.13 percent recorded in the similar period in 2025. 

Details of the report showed that normal GDP stood at N110.79 trillion, while in real terms it is N51.26 trillion as of Q1 2026. 

NBS further said that the services sector contributed more to the aggregate GDP at 57.73 percent in the period under review. 
However, when compared to the fourth quarter of 2025, the country’s GDP slowed by 0.10 percent. 

“Gross Domestic Product grew by 3.89 percent (YoY) in real terms in Q1 2026, higher than the 3.13 percent recorded in Q1 2025.

“In terms of share of the GDP, the services sector contributed more to the aggregate GDP in Q1 2026 at 57.73%,” NBS stated. 

The report showed that the oil sector contributed 3.92 percent while the non-oil sector accounted for 96.08 percent.