Nigeria posted its largest merchandise trade surplus on record in the first quarter of 2026, as the twin forces of the Middle East war and...

Nigeria's trade surplus surged by 341% to N7.55tn in Q1 2026, driven by increased exports and reduced imports, according to the NBS report.

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.