Economy

Trade Surplus Expands to $3.46 Billion as Oil Imports Decline

Nigeria recorded a stronger trade surplus in April 2026 as lower import spending, particularly on petroleum products, outweighed modest growth in exports. According to the Central Bank of Nigeria (CBN), the country’s merchandise trade surplus rose to $3.46 billion in April from $2.62 billion in March, representing a 32.06 percent month-on-month increase. The improvement was […]

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