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NIGERIA’S TRADE SURPLUS
Nigeria recorded an upswing in its external trade position in the second quarter of 2025, as the country’s trade surplus widened by 44.3% to N7.46 trillion, up from N5.17 trillion in the previous quarter.
The United States imported Nigerian crude oil worth $1.34 billion between January and May 2025, reinforcing Nigeria’s position...
Nigeria’s crude oil producers exported approximately N12.96 trillion worth of the product in the first quarter (Q1) of...
Nigeria recorded a trade surplus of N6.95 trillion in the second quarter of 2024, reflecting the country's strong export performance amidst a slight decline in overall merchandise trade.
Nigeria's foreign trade statistics report for the first quarter of 2024 reveals a significant trade surplus of N6.52 trillion.