MOHBAD'S DNA CASE ADJOURNED TO NOVEMBER 16 AS FAMILY RAISES CONCERNS OVER TESTING PROCESS. (PHOTO).

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 Mohbad's DNA case adjourned to November 16 as family raises concerns over testing process The court hearing on the DNA case involving late singer Mohbad has been adjourned to November 16, 2026, as a family seeking to join the suit raises concerns about the testing process. In an update on the case, a representative of the party seeking to join the proceedings said a new court-appointed officer had been assigned to address their concerns about the proposed DNA test. The representative expressed reservations about the centre expected to handle the process, particularly the role of its director, who he said had also been involved in an earlier DNA-related request. He questioned whether the centre would conduct the test or merely collect samples before sending them to another laboratory. He said they wanted clarity on where the samples would be taken, how they would be collected and handled, and how long it would take to transfer them to the testing facility. He further claimed that a...
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𝐍𝐈𝐆𝐄𝐑𝐈𝐀'𝐒 𝐄𝐂𝐎𝐍𝐎𝐌𝐘 𝐀𝐂𝐂𝐄𝐋𝐄𝐑𝐀𝐓𝐄𝐒, 𝐎𝐍 𝐓𝐑𝐀𝐂𝐊 𝐓𝐎𝐖𝐀𝐑𝐃 𝐀 𝐔𝐒𝐃 1 𝐓𝐑𝐈𝐋𝐋𝐈𝐎𝐍 𝐆𝐃𝐏. (PHOTO). #PRESS RELEASE

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 PRESS RELEASE

FEDERAL MINISTRY OF FINANCE


𝐍𝐈𝐆𝐄𝐑𝐈𝐀'𝐒 𝐄𝐂𝐎𝐍𝐎𝐌𝐘 𝐀𝐂𝐂𝐄𝐋𝐄𝐑𝐀𝐓𝐄𝐒, 𝐎𝐍 𝐓𝐑𝐀𝐂𝐊 𝐓𝐎𝐖𝐀𝐑𝐃 𝐀 𝐔𝐒𝐃 1 𝐓𝐑𝐈𝐋𝐋𝐈𝐎𝐍 𝐆𝐃𝐏


Abuja, September 1, 2026 — Nigeria's economy continues to demonstrate resilience and accelerating growth with the second quarter of 2026 real Gross Domestic Product (GDP) expanding by 4.43 per cent year-on-year, up from 4.23 per cent in Q2 2025 and 3.89 per cent in Q1 2026.


The strong Q2 2026 outturn lifted real GDP growth for the first half of 2026 to 4.16 per cent, up from 3.68 per cent in the corresponding period of 2025, a clear signal of sustained strengthening across the economy.


Growth is also becoming more broad-based. In Q2 2026, 27 economic subsectors recorded real growth above 3.0 per cent, up from 23 subsectors in Q2 2025, showing that expansion is no longer concentrated in a handful of industries.


The productive sectors led the way. Manufacturing grew by 3.24 per cent, more than double the 1.60 per cent recorded in Q2 2025, reflecting improved industrial output. Agriculture expanded by 4.39 per cent, up from 2.82 per cent, underscoring stronger production and value-chain performance. Services, the largest driver of growth, expanded by 4.60 per cent, up from 3.94 per cent.


The relative stability and steady appreciation of the exchange rate further amplified these gains in dollar terms. The naira appreciated by more than 12 per cent between H1 2025 and H1 2026, resulting in an expansion of the economy by approximately 17 per cent in U.S. dollar terms over the period, a pace that, if sustained along with the various social programmes of the Government, will meaningfully strengthen dollar incomes, improve purchasing power and lift millions of Nigerians out of poverty.


Given this momentum, Nigeria is well positioned to consolidate its standing among Africa's largest economies and to advance toward the Government's target of a USD 1 trillion economy by 2030. The International Monetary Fund has already ranked Nigeria among the top 10 contributors to global real GDP growth in 2026, projecting the country to account for roughly 1.5 per cent of world growth this year, ahead of several advanced and emerging economies. 


Continued macroeconomic stability, sustained growth across productive sectors, and improving investor confidence would accelerate Nigeria's progression toward becoming Africa's largest economy by 2028.


These results underscore the importance of sustaining our reforms and ensuring policy consistency as their benefits begin to reach households across the country. The Government remains focused on accelerating inclusive growth and translating these macroeconomic gains into shared prosperity for every Nigerian family.


#NigeriaRising 


𝑭𝒆𝒅𝒆𝒓𝒂𝒍 𝑴𝒊𝒏𝒊𝒔𝒕𝒓𝒚 𝒐𝒇 𝑭𝒊𝒏𝒂𝒏𝒄𝒆

Abuja, Nigeria

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