…nominal GDP stood at N119.29 trillion, while real GDP stood at N53.47 trillion in Q2 2026. NBS data showed that the services sector, with 56.62 percent, and the agriculture sector, with 26.15 percent, led the economy, while the industrial sector, at 3.96 percent, slowed during the period under review. Reacting, Preside…
…energy supply remained the biggest constraint identified by manufacturers in the Q2 2026 Manufacturers’ CEO Confidence Index. “In the Q2 2026 Manufacturers’ CEO Confidence Index Report by MAN, manufacturers highlighted 10 top constraints limiting their operations. According to that report, the first on the list was ina…
…minimise the impact of the disruptions,” the NUPRC said. Crude supply surges The NUPRC Q2 2026 statistics on the enforcement of the Domestic Crude Supply Obligation, in accordance with the provisions of Section 109 of the Petroleum Industry Act, showed that a total of 53.7 million barrels of crude oil and condensate we…