Trade Surplus

Nigeria’s Trade Surplus Hits N12.60tn as Exports Surge 18.8 Percent in Q2

Data from the National Bureau of Statistics showed that total merchandise trade rose to N41.44 trillion, representing a 5.61 percent increase from N39.24 trillion recorded in Q2 2025 and a 19.13 percent rise from N34.79 trillion in Q1 2026.

Trade Surplus Hits $1.28bn as Imports Drop Sharply

March 02, (THEWILL) — A significant drop in import expenditure has pushed the country to a $1.28 billion trade surplus, marking a notable turnaround in its external trade position and easing pressure on foreign exchange reserves. Latest trade data show...

Nigeria Posts Lower Trade Surplus, Down 35% To $1.39bn

November 26, (THEWILL) — Nigeria’s monthly trade surplus declined by 35 per cent to $1.39 billion, according to the latest trade figures, reflecting weaker export earnings and a modest rise in import bills. The drop marks one of the sharpest...
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Warren Buffett Steps Down as Berkshire Chairman, Son Howard Takes Over

Warren Buffett has stepped down as chairman of Berkshire Hathaway, handing the position to his son Howard Buffett and bringing to a close more than six decades at the top of the US conglomerate.
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