Nigeria’s GDP grew 3.89% in Q1 2026, with the non‑oil sector contributing 96% of the growth.

Nigeria’s Gross Domestic Product (GDP) increased by 3.89 percent in real terms during the first quarter of 2026, with the non‑oil sector contributing 96.08 percent of the total.

The National Bureau of Statistics (NBS) released the GDP report for Q1 2026 on Monday.

This growth rate surpasses the 3.13 percent recorded for the same period in 2025.

The report indicated that nominal GDP reached N110.79 trillion, while real GDP stood at N51.26 trillion as of Q1 2026.

Services accounted for the largest share of aggregate GDP, contributing 57.73 percent during the period under review. However, compared with 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,” NBS said.

“In terms of share of the GDP, the services sector contributed more to the aggregate GDP in Q1 2026 at 57.73 percent,” the agency added.

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