Nigeria’s foreign trade surplus jumps 341% to N7.55 trillion in Q1 2026

Nigeria attracted $10.37 billion in capital importation in the first quarter of 2026, marking an 83.8% increase

Nigeria's merchandise trade surplus surged to N7.55 trillion in the first quarter of 2026, representing a 340.88% increase from the N1.71 trillion recorded in the preceding quarter, driven by stronger crude oil exports and a sharp decline in import spending.