Nigeria, Jan. 5 -- This compares with an estimated surplus of $16.94 billion or 10.94 percent of GDP in 2025. The apex bank expects the improvement to be driven largely by stronger export earnings and rising transfers, even as pressures from higher imports, services payments and investment income outflows remain.



The News Chronicle understands that export receipts are projected to rise to $58.26 billion in 2026 from $54.59 billion in 2025, supported by higher crude oil production following improved security and increased investment, alongside steady growth in non oil exports such as agricultural produce and fertilisers.

Government backed initiatives aimed at strengthening the export value chain and boosting creative industry earnings...