Nigeria’s economy expanded by 3.98% year-on-year in the third quarter of 2025, according to the National Bureau of Statistics (NBS). That pace represents a small slowing from the 4.23% expansion.
Across markets in Africa, goods are gradually becoming affordable again. Commodity prices that once spiked under the weight of global inflation and geopolitical shocks are beginning to stabilise, while transport.
For the first time in three years, Nigeria’s headline inflation has slipped below the 20 per cent mark, a moment many economists see as both a symbolic and structural turning.
