While Nigeria sustained a positive trade balance in the fourth quarter of 2025, total merchandise trade fell, largely due to lower crude oil export earnings. Nigeria maintained a merchandise trade ...

Nigeria recorded a N1.71 trillion merchandise trade surplus in the fourth quarter (Q4) of 2025, according to the National Bureau of Statistics (NBS).

Crude oil exports, which remain Nigeria’s largest export category, were valued at ₦9.70 trillion in Q4 2025, representing a 29.6 percent decline from ₦13.78 trillion in the corresponding period of ...

Nigeria’s trade surplus crashed to its lowest level in about two years in the final quarter of 2025 as a drop in crude oil ...

Nigeria recorded a trade surplus of N1.71 trillion in the fourth quarter of 2025, even as exports declined during the ...

The Netherlands, India, and Spain emerged as the primary destinations for Nigerian goods in the fourth quarter of 2025, as total ...

Nigeria recorded a trade surplus of 1.712 trillion naira ($1.22 billion) in the fourth quarter of 2025. Exports reached 18.96 trillion naira ($13.5 billion) and remained largely driven by crude oil ...

Nigeria’s merchandise trade surplus fell sharply to N1.71tn in the fourth quarter of 2025, down from N3.42tn recorded in the corresponding period of 2024, as declining crude oil exports and rising ...

Take, for example, trade. The U.S. ran a $293 billion trade surplus in services in 2024, but disruptions to companies that provide software services place headwinds on this surplus. Anytime AI systems ...