Dangote Refinery reported revenue of N19.13 trillion for the first half of 2026, a 121% increase driven by higher production and sales, according to Legit.ng. The stronger financial performance comes as the refinery prepares for a planned initial public offering valued at N2.15 trillion. The results are seen as bolstering the company's position ahead of the anticipated stock market listing, which would mark one of Nigeria's largest public offerings.

The Nigerian National Petroleum Company Limited (NNPC) reported cumulative revenue of N25.133 trillion between January and July 2026, according to ThisDay Live. The state oil firm also posted a profit of N2.55 trillion over the seven-month period. The revenue performance was mainly driven by relative growth in crude, the report stated, citing correspondent Emmanuel Addeh in Abuja.

The Nigerian National Petroleum Company Limited (NNPCL) reported significant financial growth for April, with revenues reaching N4.97 trillion, an increase from N2.77 trillion in March. Profit after tax also rose to N481 billion, up from N276 billion the previous month. Despite these impressive figures, concerns about public dissatisfaction persist, highlighting a disconnect between corporate profits and the experiences of the populace, according to Daily Trust.

Nigeria recorded a trade surplus of N12.59 trillion in the second quarter of 2026, according to the National Bureau of Statistics. The NBS said total foreign trade with other countries reached N41.44 trillion during the period, with the surplus representing a 101.32% increase compared with the same quarter a year earlier. The figures come from the bureau’s Foreign Trade report and point to stronger export earnings relative to imports, though the blurb does not provide sector breakdowns.

According to Nairametrics, Nigeria's business environment maintained an expansion status in June 2026, with a business confidence index of 104.6. However, this represents a slowdown in growth compared to the previous year, as businesses faced challenges from high operating costs, limited credit availability, and infrastructure issues.

According to ThisDay Live, banks' borrowing from the Central Bank of Nigeria (CBN) has decreased by 96.04% Year-on-Year (YoY), reaching N2.33 trillion in the first half of 2026. This significant decline occurs amidst ongoing uncertainty in the business environment.