Nigeria’s Information and Communication Technology (ICT) sector made a significant impact in the second quarter of 2025, growing by 6.61% year‑on‑year and contributing 11.18% to the country’s Gross Domestic Product (GDP), according to figures from the National Bureau of Statistics (NBS).
In the broader context of Nigeria’s economy, the Q2 growth was pushed forward by strong performances across multiple sectors. Agriculture rebounded strongly with a 2.82% growth (recovering from near stagnation earlier in the year), while the industry sector recorded a robust 7.45% expansion, more than twice its year‑earlier pace.
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Finance and insurance surged with a 16.13% increase, raising its GDP share to 3.23%.
Meanwhile, essential services such as electricity, gas, steam and air conditioning expanded by 11.47%, and water supply, sewerage, waste management and remediation grew by 10.60%, supporting overall utilities performance.
These figures reflect how the non‑oil economy is increasingly becoming the backbone of Nigeria’s growth. While oil remains important, sectors like ICT, agriculture, services, and utilities are now laying more weight on the scale.
