Nigeria Consumer Business

Nigeria · Consumer markets

How Nigeria’s consumer-facing industries grew in Q2 2026

Nigeria’s trade activity grew 2.40% year on year in real terms in Q2 2026. Accommodation and food services grew 6.96%, telecommunications and information services 10.38%, and textiles, apparel and footwear contracted 1.23%.

Sources checked

Consumer-facing activitiesReal growth in selected consumer-facing activities

Q2 2025

Shared scale · -1.5% to 24.5%

  • Trade1.29%
  • Accommodation And Food Services2.48%
  • Food, Beverage And Tobacco2.15%
  • Textile, Apparel And Footwear-1.32%
  • Chemical And Pharmaceutical Products3.7%
  • Motor Vehicles & Assembly-1.5%
  • Road Transport24.5%
  • Post And Courier Services5.41%
  • Telecommunications & Information Services7.39%
  • Broadcasting2.78%
  • Arts, Entertainment And Recreation7.64%

Switch among Q2 2025, Q1 2026 and Q2 2026. Negative values show year-on-year contraction.

Source 1

Trade grew faster than in the same quarter of 2025

Real trade growth was 1.29% in Q2 2025, 2.08% in Q1 2026 and 2.40% in Q2 2026. The NBS reports trade accounted for 17.93% of real GDP in Q2 2026. Its growth rate and its share of GDP are separate measures. Source 1

Consumer manufacturing activities diverged

Food, beverage and tobacco output grew 2.79% year on year in Q2 2026. Chemical and pharmaceutical products grew 7.70%, while motor vehicle and assembly output fell 1.02%. Those are industry value-added measures. Source 1

Some service activities grew considerably faster

Accommodation and food services grew 6.96% and broadcasting 4.98%. Telecommunications and information services rose 10.38%. The sectors differ in size, so the strongest growth rate need not produce the largest contribution to aggregate growth. Source 1

The comparison adjusts for changes in prices

The NBS table expresses output at constant 2019 prices. A rise in nominal sales can reflect higher prices, higher quantities or both. For retail volumes or household expenditure, check the relevant surveys as well as the value-added accounts. Source 1

Sources

Open the data and source notes