Dec 4 (Lagos) - Stronger than expected GDP numbers pulled the NGX all stock index out of the grip of bears this week. Nigeria’s economy maintained its steady growth path in Q3’ 25, reflecting slower growth from the previous quarter. The real GDP expanded by 3.98% y/y, up from 3.86% in Q3’ 24 but slightly below the 4.23% recorded in Q2’ 25.
This improvement was driven largely by the non-oil sector, which contributed 96.6% of total output and grew 3.91% y/y, up from 3.64% in the previous quarter. Resilient growth across trade, ICT, agriculture, and financial services continues to underpin economic performance.
Although the strength in the all stock index was mainly from one stock - Dangote Cement Plc (
DANGCEM ) some other stocks also showed renewed strength namely Guinness Nigeria Plc (
GUINNESS ).
reporting for easykobo.com on Thursday, December 4 2025 from Lagos, Nigeria