Nigeria trade surplus jumps to record on refinery boom, oil shock
Nigeria posted its largest merchandise trade surplus on record in the first quarter of 2026, as the twin forces of the Middle East war and the long-awaited ramp-up of the Dangote refinery fundamentally reshaped the nation's export basket and slashed its fuel import bill. The surplus soared to N7.5 trillion in Q1 2026, surpassing the previous record of N7.42 trillion…
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
