Nigeria’s trade surplus doubles to N12.6tn as exports surge

The Punch | 08-09-2026 03:59am |

Nigeria's trade surplus more than doubled to N12.6 trillion in the second quarter of 2026, driven by a surge in exports and a decline in imports. The growth was largely attributed to increased crude oil exports and non-oil trade. This positive trade balance is expected to strengthen the country's external reserves and economic stability.

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