Nigeria’s trade surplus grew by 340.88 percent quarter-on-quarter (QoQ) to N7.55 trillion in the first quarter of 2026 (Q1’26) from N1.7 trillion in Q4’25.
June 8, 2026
By Elizabeth Adegbesan
Nigeria’s trade surplus grew by 340.88 percent quarter-on-quarter (QoQ) to N7.55 trillion in the first quarter of 2026 (Q1’26) from N1.7 trillion in Q4’25.
The National Bureau of Statistics disclosed this Monday in its Foreign Trade in Goods Statistics (FTS) Report for Q1’26.
The bureau cited decline in petroleum products import and increased crude oil exports as reasons for the increase in trade surplus during the review period.
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