Local Refining Boom Cuts Petrol Imports by N6trn
Nigeria’s petrol import bill fell sharply in the first nine months of 2025, dropping by N6.07tn compared with the same period of 2024, according to an analysis of National Bureau of Statistics trade data.
The value of imported...
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.
