Nigeria’s trade surplus widens as Q2 exports hit N27tn

Nigeria's trade surplus expanded sharply in the second quarter, reaching N12.59 trillion, as exports hit N27 trillion. India, Spain, and the Netherlands were the top export destinations during this period. The widening trade surplus reflects strong export performance and contributes positively to the country's balance of trade. This growth in exports is a key driver of economic activity and foreign exchange earnings for Nigeria.

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