The data, contained in the Q2 2025 GDP Report released on Monday, shows that growth was largely driven by a strong performance in the industry sector. “In real terms, GDP grew by 4.23% in the second quarter of 2025, higher than the 3.48% recorded in the corresponding period of 2024,” the report stated. The agriculture sector grew by 2.82%, up from 2.60% in Q2 2024. The industry sector surged by 7.45%, more than doubling its 3.72% growth in the same quarter last year, while services expanded by 3.94%, slightly above 3.83% in Q2 2024. At current basic prices, aggregate GDP stood at ₦100.73 trillion, representing a year-on-year nominal growth of 19.23% against ₦84.48 trillion recorded in Q2 2024.