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Economy

Nigeria’s balance of payment surplus drops 38% to $4.23bn

Nigeria’s external sector faced significant headwinds in 2025, as the country’s overall Balance of Payments surplus plummeted by 38.1 per cent to $4.23 billion, down from the $6.83 billion recorded in 2024. Provisional data from the Central Bank of Nigeria reveals a complex economic landscape where a sharp decline in crude oil earnings and a […]

Finance

Nigeria records $4.6bn balance of payments surplus

Nigeria recorded a balance-of-payments surplus in the third quarter of 2025, marking a return to positive external positioning after a deficit in the previous quarter. The improvement was supported by stronger export earnings, steady diaspora remittances, and renewed inflows of foreign capital, which together helped rebuild the country’s external buffers. Data released by the Central […]