Nigeria’s Economy Expands by 3.7% in First Half of 2025, Fuelled by Rising Oil Output
Abuja, July 2, 2025 — Nigeria’s economy grew at an estimated rate of 3.7% year-on-year during the first half of 2025, buoyed by increased crude oil production and resilient performance in the manufacturing and services sectors, according to a report from Stanbic IBTC Bank based on S&P Global PMI data . Economists attribute the uptick