Nigeria's Merchandise Trade Surges to ₦38.9 Trillion in Q3 2025
Nigeria's total merchandise trade rose to ₦38.9 trillion in Q3 2025, marking an 8.71% increase from the previous year. The trade surplus of ₦6.69 trillion was recorded, attributed to higher global commodity prices and improved oil product levels.
The Nation Bureau of Statistics (NBS) reported a steady recovery in external trade flows, with a significant rise in exports to ₦22.8 trillion and imports at ₦16.12 trillion. This growth was fueled by a surge in crude oil exports and enhanced non-oil sector performance.
Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.
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