THE AFRICA TIMES | NIGERIA — Nigeria’s economy expanded at its fastest pace in five years during the second quarter of 2026. This growth was primarily driven by enhanced activity in the services and agricultural sectors, according to data from the National Bureau of Statistics (NBS).
Economic Recovery and Growth Drivers
Recent figures indicate a strengthening recovery in the West African nation. Nigeria continues to implement economic reforms aimed at bolstering macroeconomic stability and attracting investment.
Agriculture has emerged as a significant driver of growth this quarter. Output has accelerated sharply, despite ongoing security challenges impacting farming activities in various regions.
Simultaneously, the services sector has remained a crucial source of economic activity. Resilience in trade, finance, telecommunications, and consumer-facing industries has contributed
