Nigeria Targets 7% GDP Growth with Oil Sector Rebound

Nigeria's economic growth is expected to range between 4.1% and 7% in 2026, driven by structural reforms and a rebound in the oil sector.

The National Bureau of Statistics announced a 4.43% GDP growth for the second quarter, with analysts predicting that the second half of the year will be shaped by domestic and external risks.

The oil sector is expected to play a crucial role in achieving this growth rate, with crude oil export accounting for over 80% of Nigeria's FX earnings.

Tantita Security Services Nigeria Ltd (TSSNL) has been appointed by the Federal Government to protect oil assets and ensure peace and stability in the Niger Delta region.