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GDP - Gross Domestic Product (GDP) grew by 3.89% (year-on-year) in real terms in the first quarter of 2026, higher than the 3.13% recorded in the first quarter of 2025. GDP - In real terms, the Mining and Quarrying sector grew by 1.89% (year-on-year) in the first quarter of 2026. Compared to the same quarter of 2025 and the fourth quarter of 2025, GDP - Real GDP growth in the manufacturing sector in the first quarter of 2026 was 3.29% (year-on-year), higher than the same quarter of 2025 and higher than the preceding quarter by 1,60% points and 2.17% points, respectively. GDP - In real terms, Trade’s year-on-year growth stood at 2.08% in the first quarter of 2026, which was 0.29% points higher than the rate recorded in the previous year at 1.78%, and 0.08% points higher than in the preceding quarter at 2.00% growth rate. GDP - The construction sector contribution to total real GDP was 4.85% in the first quarter of 2026; higher than its contribution of 4.74% in the same quarter of the previous year GDP - In real terms, the non-oil sector contributed 96.08% to the nation’s GDP in the first quarter of 2026, higher than the share recorded in the first quarter of 2025 GDP - The real growth of the oil sector was 2.57 (year-on-year) in Q1 2026, indicating an increase of 0.70% points relative to the rate recorded in the corresponding quarter of 2025 (1.87%). Capital Importation - The total value of capital importation into Nigeria in the first quarter of 2022 stood at US$1,573.14 million from US$2,187.63 million in the preceding quarter showing a decrease of 28.09%. When compared to the corresponding quarter of 2021, capital importation decreased by 17.46% from US$1,905.89 million. GDP - Gross Domestic Product (GDP) grew by 3.89% (year-on-year) in real terms in the first quarter of 2026, higher than the 3.13% recorded in the first quarter of 2025.GDP - In real terms, the Mining and Quarrying sector grew by 1.89% (year-on-year) in the first quarter of 2026. Compared to the same quarter of 2025 and the fourth quarter of 2025,GDP - Real GDP growth in the manufacturing sector in the first quarter of 2026 was 3.29% (year-on-year), higher than the same quarter of 2025 and higher than the preceding quarter by 1,60% points and 2.17% points, respectively.GDP - In real terms, Trade’s year-on-year growth stood at 2.08% in the first quarter of 2026, which was 0.29% points higher than the rate recorded in the previous year at 1.78%, and 0.08% points higher than in the preceding quarter at 2.00% growth rate.GDP - The construction sector contribution to total real GDP was 4.85% in the first quarter of 2026; higher than its contribution of 4.74% in the same quarter of the previous yearGDP - In real terms, the non-oil sector contributed 96.08% to the nation’s GDP in the first quarter of 2026, higher than the share recorded in the first quarter of 2025GDP - The real growth of the oil sector was 2.57 (year-on-year) in Q1 2026, indicating an increase of 0.70% points relative to the rate recorded in the corresponding quarter of 2025 (1.87%).Capital Importation - The total value of capital importation into Nigeria in the first quarter of 2022 stood at US$1,573.14 million from US$2,187.63 million in the preceding quarter showing a decrease of 28.09%. When compared to the corresponding quarter of 2021, capital importation decreased by 17.46% from US$1,905.89 million.
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₦8706.93 

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From The Office Of The Statistician-General
SG's Message
 
Mission
 
Vision

On behalf of the Management and Staff of the National Bureau of Statistics, I would like to welcome you to the year 2026. As we begin a new year, it is fitting to reflect briefly on the progress we made in 2025.
The past year was a significant one for Nigeria's statistical system and for the Bureau. Notably, we successfully completed the rebasing of the Gross Domestic Product (GDP) and the Consumer Price Index (CPI), two critical methodological updates that ensure our national statistics better reflect current economic realities.

Read More...

Prince Adeyemi Adeniran

Statistician-General /CEO
CPI 15.9%

Inflation Rate (Base Period 2024 = 100) (All-Items)

16.82 

Core

15.9 

All-Items

16.96 

Food

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