Nigeria Records Trade Surplus as Exports Surge in Q1 2025

Nigeria’s exports surged to $13.44 billion in Q1 2025, marking a 7.42% year-on-year rise, according to fresh data from the country’s National Bureau of Statistics. Crude oil remained the backbone, making up nearly 63% of total exports, while non-oil products contributed $2.07 billion. In contrast, the country imported $10.07 billion worth of goods, leading to a […]