Nigeria's Crude Oil Exports Reach N37.7 Trillion in 9 Months Despite Market Volatility

Nigeria's crude oil exports hit N37.7 trillion in the first nine months of 2025, as per data released by the National Bureau of Statistics (NBS). Despite challenges like the inability of local refineries to operate at full capacity, exports remained stable.

The earnings from crude oil exports have been steadily rising over the past five years, reaching a peak in 2024 at N55.29 trillion. Additionally, non-oil exports surged to a record N9.2 trillion in the same period, showcasing a significant growth trend.