Nigeria's Import Index Rises 0.11% in Q4 2025

The National Bureau of Statistics (NBS) reported that Nigeria's Commodity Group Import Index experienced an increase of 0.11% in the fourth quarter of 2025. This rise is primarily attributed to changes in import prices for materials such as paper, textiles, and mineral products.

Additionally, the Commodity Group Export Price Index saw an average increase of 0.12% in the same quarter, largely due to higher prices for miscellaneous manufactured articles, vehicles, and base metals. The overall terms of trade index averaged an increase of 0.01%, reflecting the ratio of the country's export prices to its import prices.

The report highlighted that the main export destinations for Nigeria in Q4 2025 included the Netherlands, India, Spain, France, and Canada. The increase in the import index was noted across various regions, except for Oceania, indicating a broader trend in trade dynamics.