The Federal Government has launched a $1bn AfCFTA Adjustment Fund Credit Facility to help Nigerian businesses expand production, modernise operations, and boost exports under the African Continental Free Trade Area (AfCFTA).
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.
Trade sector attracted $65.79m in foreign capital in Q1 2026, a 91.3% increase year-on-year from $34.39m in Q1 2025, according to the National Bureau of Statistics (NBS).
