Nigeria’s trade surplus jumps 341% to N7.55tn in 2026 Q1 – NBS

Nigeria experienced a significant economic shift during the first quarter of 2026, with its trade surplus climbing to N7.55 trillion. Data released by the National Bureau of Statistics indicates a substantial 341% increase compared to previous periods. This positive financial outcome was primarily fueled by a robust rise in export activities alongside a strategic contraction in import volumes. The figures highlight a strengthening of the nation's external trade position as it navigates current economic conditions. Analysts view these results as a notable indicator of changing trade dynamics within the country.

The dramatic surge in trade surplus signals a major shift in Nigeria's balance of payments, which could have significant implications for the country's currency stability and overall economic policy.