Nigeria's economy accelerates, on track towards a $1trn GDP - FMF

The Federal Ministry of Finance reported that Nigeria's economy grew by 4.43% in Q2 2026, up from 4.23% a year earlier. Manufacturing increased by 3.24%, while agriculture expanded by 4.39%. 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, positioning Nigeria on track for a $1 trillion economy by 2030.