Nigeria’s diaspora remittance inflows rose to a record $947 million in July 2026, bringing the Central Bank of Nigeria closer to its $1 billion monthly target and offering some support to the naira.
Nigeria’s seaborne refined petroleum exports to Europe surged by about 767 per cent to an average of 130,000 barrels per day (b/d) in the second quarter of 2026, from 15,000 b/d in 2023, as rising output from the Dangote Petroleum Refinery reshapes the country’s petroleum trade.
Nigeria’s economy grew by 4.43 per cent in real terms in the second quarter of 2026, strengthening from the 4.23 per cent recorded in the corresponding quarter of 2025, according to the National Bureau of Statistics (NBS).