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.