Nigeria’s raw material trade balance swings to a N466.79 billion surplus in H1 2026

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Nigeria recorded a raw material trade surplus of N466.79 billion for the first half of 2026, reversing a previous deficit of N1.67 trillion. The surplus was driven by more than doubling exports alongside a decline in imports, reflecting improved trade balance in raw materials.

Nigeria recorded a N466.79 billion trade surplus in raw materials in the first half of 2026, marking a sharp reversal from the N1.67 trillion deficit posted in the corresponding period of 2025, as export more than doubled while imports declined. The post Nigeria’s raw material trade balance swings to a N466.79 billion surplus in H1 2026 appeared first on Nairametrics.