Nigerians spent more than ₦50bn on US visa applications between 2023 and 2024, despite a sharp decline in approvals as Washington tightened immigration rules.

Nigeria’s spending on petrol imports plunged by over 96% in Q1 2026, dropping to just ₦87.4bn, according to the National Bureau of Statistics (NBS).

Nigeria’s merchandise trade surplus surged to ₦7.55 trillion in Q1 2026, a 340.9% increase from the previous quarter, according to the National Bureau of Statistics (NBS).

The International Air Transport Association (IATA) has cut its 2026 net profit forecast for African airlines to $100 million, down from the $200 million projection in December 2025.

The Nigerian Exchange (NGX) recorded a strong rebound on Monday, June 8, 2026, as bargain hunting lifted equities by ₦514.97bn, pushing market capitalization to ₦156.11 trillion.

The Dangote Petroleum Refinery has surpassed expectations, hitting 700,000 barrels per day (bpd) in output—well above its 650,000 bpd design capacity—and confirming its status as the world’s largest single-train refinery.