Nigeria recorded a 91 per cent, year-on-year, YoY increase in trade surplus to N7.55 trillion in the first quarter of 2026, Q1’26 from N3.95 trillion in the same period of 2025, Q1’25, driven by a sharp decline in imports and a modest rise in exports.

Nigeria's trade sector saw a 91.31% increase in foreign investment, attracting $65.79m in Q1 2026, reflecting renewed investor confidence and economic grow

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.