FX.co ★ Nigeria’s Q2 GDP Growth Accelerates to 4.43% Year-on-Year, Up from 3.89%

Nigeria’s economy expanded at a faster pace in the second quarter, with year-on-year GDP growth rising to 4.43%, up from a previously recorded 3.89% in the same period. The data, updated on 31 August 2026, indicate a strengthening in the country’s economic momentum when compared with the second quarter a year earlier.

The figures are presented on a year-over-year basis, meaning the current 4.43% reading reflects the change in GDP in the second quarter versus the same quarter of the previous year. The prior 3.89% figure was likewise a year-over-year comparison for the earlier reference period. The improvement from 3.89% to 4.43% underscores a pickup in overall economic activity in Nigeria over the past year.

Market participants and analysts will likely view the acceleration in growth as a constructive signal for Nigeria’s near-term outlook, although the underlying sectoral drivers and sustainability of this pace will require further data and analysis beyond the headline GDP numbers released.