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.
Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.
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