Nigeria’s current account surplus surges to $4.98 billion in Q1 2026

Twentyfirstcenturychronicle | 19-06-2026 01:55am |

Nigeria's current account surplus experienced a significant increase of 255.71 percent, reaching $4.98 billion in the first quarter of 2026, compared to $1.40 billion recorded in the previous quarter. This data was disclosed in the provisional balance of payments statistics published by the Central Bank of Nigeria. Additionally, the surplus marked a 46.04 percent rise from the same period in the previous year, indicating a robust improvement in the country's external financial position.

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