GDP Up 3.98% in Q3 2025, But Below Our Forecast

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December 16, 2025/United Capital Report

Our Q4 GDP Growth Rate Now Revised to 4.59%

Nigeria’s real Gross Domestic Product (GDP) grew by 3.98% in Q3 2025, slightly above the 3.86% recorded in the same period of 2024. Although this marks the strongest Q3 growth since 2021, it fell short of our 5.11% forecast for the quarter.

United Capital Research now projects GDP growth of 4.59% for Q4 2025 and 4.02% for the full year. While these projections reflect resilience, sustaining growth into 2026 will demand deeper structural reforms, continued fiscal support, and productivity-enhancing measures in key sectors.

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