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Nigeria earned $31.54 billion from crude oil exports in 2025

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Nigeria earned $31.54 billion from crude oil exports in 2025

24 Mar, 2026

Nigeria generated $31.54 billion from crude oil exports in 2025, according to data from the Central Bank of Nigeria (CBN). The data was obtained from the Balance of Payments (BOP) report for 2025, which highlights the continued dominance of oil in external earnings despite emerging shifts in the country’s export structure. The figure represents a 14.41% decline from $36.85 billion recorded in 2024, reflecting weaker oil receipts even as broader external trade indicators showed mixed performance...................…...READ MORE