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Nigeria's GDP growth hits 3.13% in Q1 2025, driven by services, despite oil production drop.
Nigeria's GDP grew by 3.13% in the first quarter of 2025, up from 2.27% in the same period last year, according to the National Bureau of Statistics.
The service sector led the growth with a 4.33% increase, contributing 57.50% to the GDP.
The non-oil sector grew by 3.19%, while oil production averaged 1.62 million barrels per day, down from 4.02 million barrels per day in the first quarter of 2024.
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El crecimiento del PIB de Nigeria llega al 3.13% en el primer trimestre de 2025, impulsado por los servicios, a pesar de la caída de la producción de petróleo.