Nigeria on course for $1tn economy by 2030 — Finance Ministry

Author: Urowayino JeremiahPublished on: September 2, 2026Country: Nigeria
Business & Economy
Nigeria on course for $1tn economy by 2030 — Finance Ministry

The Federal Ministry of Finance reported that Nigeria's economy achieved a real GDP growth of 4.43% in Q2 2026, up from 4.23% in Q2 2025. Growth has become more diversified, with 27 subsectors recording real growth above 3%. The stability of the currency and the appreciation of the naira contributed to an approximate 17% expansion of the economy in U.S. dollar terms. Nigeria is well positioned to reach its target of a $1 trillion economy by 2030.

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