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).
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).
Foreign Investment in Telecoms Hits 4-Year Low
Foreign capital imported into Nigeria’s telecommunications sector fell to a four-year low of $7.24m in the first quarter of 2026, despite the 50 per cent tariff increase approved for operators last year.
Data from the National Bureau of Statistics’...
The National Bureau of Statistics (NBS) has reported that the average cost of a healthy diet in Nigeria rose to ₦1,541 per adult per day in March 2026, up from ₦1,513 in February and ₦1,477 in March 2025.
Nigeria’s aviation industry recorded its first contraction in nearly two years in Q1 2026, with air transport output plunging by 47.3% year-on-year in nominal terms, according to the National Bureau of Statistics (NBS).
The manufacturing sector contributed 9.57% to real GDP in Q1 2026, according to the National Bureau of Statistics (NBS), marking a rebound from the 7.40% share in Q4 2025.
