Trade Surplus

Business

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

Ogochukwu Onwaeze, THEWILL -
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.
Business

Trade Surplus Hits $1.28bn as Imports Drop Sharply

Ogochukwu Onwaeze, THEWILL -
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...
News

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

THEWILL. -
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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NewsFelix Ifijeh, THEWILL -

Ebola: UAE Lifts Visa Ban on Ugandans, Retains Restrictions on DR Congo, South Sudan

The United Arab Emirates (UAE) has lifted its suspension on the issuance of new visas to Ugandan nationals, easing travel restrictions introduced in June following an outbreak of the Ebola virus in the East African country.
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