Nigeria Posts ₦7.5 Trillion Trade Surplus in Q2 2025, Oil Exports Key

Nigeria recorded a trade surplus of ₦7.5 trillion in the second quarter of 2025, marking a 52% increase from the previous quarter. The National Bureau of Statistics (NBS) reported a rise in total trade to ₦17 trillion in Q2, with imports slightly declining to ₦7 trillion and exports growing to ₦10 trillion.

Crude oil exports accounted for a significant portion of total exports, valued at ₦7 trillion. The increase in trade surplus signifies a positive economic trend for Nigeria, showcasing growth and stability in the country's trade sector.

The NBS report highlights the resilience and potential of Nigeria's economy in the global market.