Nigeria's Q3 2025 Current Account Surplus Drops 41% to $3.42 Billion
Nigeria's current account surplus dropped to $3.42 billion in Q3 2025, down 41% from the previous quarter. The decrease was influenced by a rise in external obligations despite increased earnings from the oil sector.
Total exports rose to $15.24 billion, driven by crude oil and refined petroleum product exports. Imports also increased, with a notable decline in gas exports.
The Central Bank of Nigeria noted improvements in crude and refined product exports, helping to sustain a positive balance. Foreign exchange inflows remained strong, particularly from diaspora remittances.
Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.
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