Nigeria's economy is showing renewed growth, expanding by 4.43% year-on-year in the second quarter of 2026, driven by non-oil sectors like banking, telecommunications, and agriculture.
Current Economic Performance
GDP Growth: Real GDP growth accelerated to 4.43% in Q2 2026, improving from previous years due to broad-based activity in trade, real estate, and crop production.
Credit Outlook: Moody’s Ratings upgraded Nigeria’s sovereign outlook to positive, reflecting stronger foreign exchange reserves and macroeconomic stability following recent reforms.
Long-Term Goal: The government aims to grow into a $1 trillion economy by 2030, shifting focus toward production and export diversification.
Major Growth SectorsServices & Tech: Financial services, fintech, and digital services continue to lead non-oil expansion.
Agriculture & Trade: Agriculture remains a core pillar, employing a major share of the workforce and supporting domestic food supply.
Oil and Gas: While crude oil historically dominated government revenue and export earnings, recent growth highlights an expanding reliance on non-oil contributions.
- AI
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SO YOU SHOULD BE WORSHIPPING TINUBU LIKE HOW YOU WORSHIP TRUMP!!!
OR IS AI LYING IN THE CASE OF NIGERIA?
Are you ok?? I neither hate nor oppose Tinubu at all. His reforms are needed and good, BUT they haven't trickled down to the common man. The rich and politicians are the ones who have benefited so far. The kind of reforms he instituted should be done by someone who won't seek reelection because the real benefits for the everyday man will be years down the road!
Mirasteel: You are using AI overview that doesn't give accurate answers, lol. go and use chat gpt to comfirm.
Show an example where it hasn't given accurate answer. Let me type just Diezani and see if it can be confused. I will even intentionally misspell the name. See result below
Obi is a PROVEN decent human being that has been tested under various scenarios. It is too late to try to label him corrupt. His two opponents are CORRUPT in capital letters, just as PROVEN. It is also too.late to convince anybody they are not.
So my advice is, go after Obi another way. Say he only studied Philosophy, or he is not eloquent or something. Stop trying to convince anyone he is corrupt. Nobody will buy it. Simply too late!
If ARG is ''unreliable'', does THIS poll make you feel better?
''A Reuters/Ipsos poll, also out Monday, found Trump at a 32% approval rating, with a whopping 68% of Americans disapproving of his job performance, which Reuters noted was "the lowest of his political career."
Funny guy, YouTube is your source!😅 See the true picture below. Keeping it short and simple to NOT confuse a genius like you!
Catapault: Honestly, it's time for the US military to seize power in that country and remove him. How much more can the world take of this man? This.......thing?
See fuel and diesel price rising all over the world because of him. Experts are now predicting a global economic depression.
3kay945: The dude is good. I will give that to him. Though he talks too much sometimes.
This particular speech the guy was FLAWLESS both in delivery and in saying just the right thing, just the right way. And you can tell it is him talking, NOT speech writers!
Maybe it is because it is in his hometown (NYC) and he just took a short drive from Trump Tower to UN building
NOETHNICITY: If you were not very ignorant, you would have known that he he was using a teleprompter! One common thing about most of you is ignorance
If you were not such a genius you'd have known the teleprompter was not working much of the speech (see below). You'd also have read where I wrote I took teleprompter into account in writing what I wrote, and where I wrote that as young as I am I know I couldn't have been that flawless - I know I'd pause here and there even if I was just reading it!
victoryenergy: Power of education.. this are people who went to school, he doesn't drink alcohol,he doesn't smoke, he doesn't do drugs. his brain is intact, this is why he is flawless in his speeches..God bless president Trump
Bluffly: People age differently and that is his language
And he perfectly covered all the bases! Just because of this I have decided to stop drinking alcohol. And I mean it!
I wrote that bearing in mind he could be using prompter. I mean, it was FLAWLESS! Young as I am I know I'd pause here and there even if I was just reading it! Also, see below
masterfactor: Same will also happen to the United States of America. The petro-dollar hegemony will soon be broken. Those sanction that the United States of America use to destroy countries will soon be history
Possible, but not in our life time. Until China stops hoarding dollars like their life depends on it. Iran's own is right away!
Akalia: Power of oratory comes naturally with some people. Trump is one of those excellent verbal communicators.
I honestly don’t know how they do it. No stumbling over some words or names, no pausing to remember something they momentarily forgot. Honestly, it is almost as if AI is giving the speech!
MaziObinnaokija: Make this feather less man dey deceive himself up/Down.Nobody sabi him in Yoruba land even in Ekiti, his state.Where was he wenvhis bro was doing the campaign in Ekiti?
Jayhome24: Eeya it's so sad when madness become incurable this is what you see.
Wallahi obi supporters love online ranting and attention seeking I swear.
Stop ranting wait 90 days is here we shall see in Chinwetalu Agu voice.
But he is RIGHT! Who do you think votes in all these online polls that Obi always wins? He didn't say he'd win the election. It'd be a different matter altogether if he said that!
malali: It is time to strip Nigerian governors of immunity.
If you are entrusted with public money, every naira should be traceable, and the citizens should not have to wait until your tenure ends to find out what you did with it.
Every quarter, all 36 states should be legally required to publish, in a clear and accessible public database:
How much revenue and federal allocation the state received.
How much was spent on salaries and recurrent expenditure.
How much went into capital projects, and exactly which projects.
How much was invested or saved for the state.
Every local government allocation received and how it was spent.
No more vague budget figures. No more glossy press releases. Show the money. Show the contracts. Show the projects. Show the receipts.
And local government allocations must go directly to local governments, with the same quarterly transparency requirements.
Why should Nigerians have to wait for a new administration before we discover what happened to billions?
We have 36 states and millions of citizens. Give the citizens the data and let them judge the performance of their governments in real time.
The greatest protection against corruption is not waiting for the next government to arrest the last one.
It is transparency while the money is being spent.
We need to stop pretending that everything is business as usual.
Nigerians are suffering in real time. Government accountability should happen in real time too.
Very good point! If only the citizens were not cowards , they'd demand this ASAP!