General News
NBS says Nigeria’s Economy Grows 3.98% in Q3 2025, Driven by ICT, Agriculture

Nigeria’s economy expanded by 3.98 per cent in the third quarter of 2025, slightly up from 3.86 per cent in the same period of 2024, according to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS) on Monday.

The report showed mixed recovery across key sectors, with agriculture and industry posting stronger real growth, while services maintained the largest share of overall output. Aggregate GDP in real terms stood at ₦57.03 trillion, up from ₦54.85 trillion in Q3 2024. In nominal terms, output rose 18.12 per cent year-on-year to ₦113.59 trillion, compared with ₦96.16 trillion a year earlier.
The services sector contributed 53.02 per cent of real GDP, followed by agriculture at 31.21 per cent. Key drivers included crop production, telecommunications, real estate, trade, and financial services.
The oil sector posted a real growth of 5.84 per cent, slightly up from 5.66 per cent in Q3 2024. Average crude oil production rose to 1.64 million barrels per day from 1.47 million barrels per day a year earlier, though slightly below the 1.68 million barrels per day recorded in Q2 2025. Despite a quarterly contraction of 5.53 per cent, oil’s contribution to real GDP increased marginally to 3.44 per cent.
Meanwhile, the non-oil sector expanded by 3.91 per cent, outperforming Q3 2024 (3.79 per cent) and Q2 2025 (3.64 per cent). Agriculture grew by 3.79 per cent, driven mainly by crop production, which accounted for nearly two-thirds of the sector’s nominal output.
Other sectoral highlights include: Manufacturing: Real growth slowed to 1.25%, down from 1.74% in Q2 2025. Contribution to GDP fell to 7.62%.
Construction: Real growth of 5.57%, slightly below 6.80% in 2024; contribution at 3.80%.
Trade: 1.98% real growth, accounting for 16.42% of GDP.
ICT (Information and Communication): 5.78% real growth; contribution rose to 9.10%.
Real Estate: Nominal output surged 89.34%, with real growth at 3.50%.
Financial and Insurance Services: Real growth of 19.63%, though contribution to GDP fell to 2.65%; nominal growth 40.55%.
Education and Health: Grew modestly at 2.51% and 2.89%, respectively.
The NBS noted that while most sectors sustained positive momentum, growth remains uneven. Strong gains in ICT, finance, agriculture, and trade helped stabilize overall output.
Prince Adeyemi Adeniran, Statistician-General of the Federation, emphasized that the quarterly estimates are benchmarked to the rebased national accounts for consistency, reflecting improvements in data quality and sectoral coverage.
Earlier in October 2025, the International Monetary Fund (IMF) revised Nigeria’s 2025 growth outlook upward to 3.9 per cent, citing higher oil production, stronger investor confidence, and a supportive fiscal stance as key drivers. The IMF also upgraded the 2026 projection to 4.2 per cent and revised 2024 growth to 4.1 per cent.
General News
Police Uncover Fake Diplomatic Number Plate Syndicate in Abuja

Police in Abuja have uncovered a criminal group making fake diplomatic and government number plates.

Ahmed Sanusi, commissioner of Police FCT, stated this during a press briefing on Friday.
He explained that criminals use these fake plates to dodge security checks and enter restricted areas.
The investigation started soon after Sanusi took office.
He noticed too many unauthorized cars driving around with official government and diplomatic tags.
“I immediately ordered a comprehensive investigation into this disturbing trend,” Sanusi said. He noted that these individuals use the plates as a cover to commit crimes and avoid arrest.
The police have already arrested several people caught using the fake plates.
They have also figured out who is making them.
The manufacturers operate outside Abuja, and police are actively hunting them down.
Sanusi kept their names secret so they would not flee.
He stressed that this is a highly profitable illegal business.
Buyers pay between N500,000 and N1.7 million for a single fake plate.
“This will tell you that they are making such huge expenditure because they have an agenda,” Sanusi explained.
“Now they will face punishment that is bigger than both the cost they incur and the agenda they are planning.”
The commissioner urged residents to report any cars with suspicious diplomatic plates.
He reminded the public that real diplomatic tags follow a very specific format.
A diplomatic number plate in Nigeria is a special vehicle identification tag issued to foreign embassies, high commissions, and accredited international diplomats.
General News
Gavi Okays $500m for Vaccines, PHCs in Nigeria

Gavi has approved $500 million to strengthen Nigeria’s immunisation programme, primary healthcare services and long-term vaccine financing.

The move followed high-level discussions between Professor Muhammad Ali Pate, coordinating minister of Health and Social Welfare, ]and Dr. Sania Nishtar, chief executive officer, Gavi in Abuja.
The funding, approved under the Gavi 6.0 programme, will support Nigeria’s efforts to accelerate routine immunisation, sustain polio eradication, expand HPV vaccination, strengthen primary healthcare services, and improve long-term vaccine financing.
Speaking during the meeting, Pate said Nigeria was strengthening its partnership with Gavi to accelerate immunisation, expand primary healthcare services, and ensure sustainable financing for vaccines.
He welcomed Gavi’s country-focused reforms, including the introduction of a predictable five-year funding envelope.
Pate said the US$500 million allocation will enable Nigeria to plan more effectively and deliver life-saving vaccines to more children and vulnerable populations.
The minister also revealed that quarterly visits to primary healthcare centreshad increased from about 10 million in 2023 to more than 45 million, reflecting significant progress in revitalising the country’s primary healthcare system.
Pate welcomed the announcement of a US$600 million pledge by the United States government to Gavi, describing it as a strong endorsement of the alliance’s leadership and the global value of vaccines.
He also commended Nishtar for prioritising Nigeria and praised the closer coordination among Gavi, World Health Organisation (WHO), UNICEF, World Bank, Gates Foundation, and other development partners, describing it as a model that has improved efficiency and aligned support with Nigeria’s health sector reforms.
The minister expressed appreciation to Gavi and its partners for their continued technical and financial support, while calling on state governments to invest more in healthcare and immunisation to complement federal efforts.
General News
The Journey to Financial Freedom: Priscilla, a PalmPay Agent Now Owns a Store

For many women, financial independence means the freedom to provide for their families and build a better future. Yet, this remains out of reach due to limited access to opportunities, business support, and secure payment solutions.

Like millions of women in Nigeria determined to be financially independent, Pricillia started with a single PalmPay POS terminal, and as an agent, every successful transaction provided a commission which brought her one step closer to achieving her dream.
Through consistency, discipline, and support from the payment platform, she reinvested her earnings and eventually opened her own provision store.
“I started as just a PalmPay agent with one POS. The consistency of the platform gave me the confidence to expand. With the income I earned, I was able to open my own provision shop.” Priscilla said.
For Priscilla, PalmPay was more than a payment platform. Its secure payment infrastructure gave her the confidence to serve her customers, build trust, and grow her income.
Today, Pricillia has joined the statistics of SMEs powering Nigeria’s economy and PalmPay continues to support her daily operations, helping her receive payments, as she works towards her next business milestone. Her journey is a reminder that when women have access to secure financial tools and opportunities, they can build lasting economic independence.
Speaking on Pricillia’s journey, Femi Hanson, Head of Marketing, PalmPay said: “Providing a secure platform that users can trust, whether for everyday payments or high-value transactions, is central to our vision of advancing financial inclusion. Priscilla’s story reflects our commitment to supporting the ambitions of Nigerians by providing a platform they can rely on to grow their finances. After all, seamless banking begins with security, and every successful transaction reinforces the trust our users place in us.”
Priscilla stands among thousands of PalmPay agents nationwide who are helping to expand financial access across Nigeria while earning commissions to create sustainable sources of income for themselves.
Every payment tells a story. It begins with trust, the confidence that your money is secure and that financial services are accessible. And when that opportunity reaches women, it creates ripple effects that transform families, strengthen communities, and drive economic growth.
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