Nigeria recorded a higher trade surplus in the fourth quarter of 2025 despite a decline in total merchandise trade and exports, highlighting the country’s continued positive trade balance even as crude oil earnings weakened. The National Bureau of Statistics (NBS) disclosed this in its 'Foreign Trade in Goods Statistics (Q4 2025)', released on Tuesday. The …
Nigeria recorded ₦12.81 trillion as revenue from crude oil exports in the third quarter (Q3) of 2025. This is according to the National Bureau of Statistics (NBS) Foreign Trade Statistics report for Q3 2025, released last week. The report revealed that crude oil exports accounted for 56.14 per cent of total exports. The NBS data …
Nigeria’s total merchandise trade surged to N38.9 trillion in Q3 2025, according to fresh data from the National Bureau of Statistics. This figure marks a significant milestone in the country’s post-pandemic economic recalibration and underscores the resilience of Africa’s largest economy amid ongoing structural reforms. The latest trade value represents an 8.71% increase from the …
