Nigeria's total merchandise trade reached N41.44 trillion in the second quarter of 2026, according to Nairametrics. This represents a 5.61% increase compared to the N39.24 trillion recorded in the same period of 2025, indicating growth in the country's external trade activity year on year. The figures cover total merchandise trade for the quarter, reflecting both import and export transactions during the period under review.

Nigeria's manufacturing sector contributed N4.128 trillion to the country's Gross Domestic Product in the second quarter of 2026, a 3.3 percent year-on-year increase from the N3.998 trillion recorded in the same period of 2025, according to data from the National Bureau of Statistics reported by Vanguard. The growth comes amid improved optimism among manufacturers about Nigeria's business environment, according to the report by Yinka Kolawole.

Nigeria's economy grew by 4.43 per cent in the second quarter of 2026, according to the National Bureau of Statistics. The expansion, reported by Premium Times, was supported by improved performances in both the oil and non-oil sectors. However, industrial growth slowed compared with the same period a year earlier, indicating mixed momentum across sectors of Africa's most populous economy.

Nigeria's manufacturing sector reported a record remittance of N329.59 billion in Value Added Tax (VAT) for the first quarter of 2026, marking the highest quarterly contribution in four years, according to Punch.

In 2025, Nigeria experienced a 21% increase in intra-African trade, reaching a total of $9.02 billion. This growth is attributed to the ongoing implementation of the African Continental Free Trade Area (AfCFTA), which has facilitated new export opportunities and enhanced regional commercial integration by allowing businesses to benefit from preferential market access and reduced trade barriers, according to the latest African Trade Report.

On June 24, 2026, the Nigerian naira experienced its highest depreciation against the dollar in two weeks, according to data from the Central Bank of Nigeria. The official exchange rate reached N1,380.08 per dollar, marking a continued bearish trend for the currency in the foreign exchange market.