Trade Surplus Hits N6.69trn as Nigeria's Exports Shine
Nigeria recorded a trade surplus of N6.69tn in the third quarter of 2025, at a 27.29 per cent growth rate, continuing a trend of trade surpluses. Stakeholders attribute the consistent positive performance to the economic reforms in...
FG Spent N1.1trn on Agric Imports as Foreign Trade Reaches N38.8trn
Nigeria’s trade with foreign countries increased to N38.93trn in Q3, 2025, foreign trade report by the National Bureau of Statistics (NBS) has stated.
The report said the figure represents an increase of 8.71 percent over...
Nigeria’s economy grew by 3.98 per cent in the third quarter of 2025, marking a slight improvement over the 3.86 per cent recorded in the same period of 2024, according to the latest Gross Domestic Product report released by the National Bureau of Statistics on Monday.
Nigeria’s public debt stock increased from N149.38 trillion (97.23 billion dollars) in the first quarter of 2025 to N152.39 trillion (99.65 billion dollars) in the second quarter of 2025.
The National Bureau of Statistics, NBS, today said headline inflation rate eased by 1.97 percentage points to 16.05 percent in October from 18.02 percent in September 2025.
Headline Inflation Expected to Ease to 16.84% in October
Nigeria’s headline inflation rate is projected to ease further to 16.84 percent year-on-year in October 2025, down from 18.02 percent in September, reflecting a 1.18 percentage point decline, according to the Access Bank Economic Intelligence Unit.
The...