Nigeria Records Nearly ₦1 Trillion Export Loss As U.S. Tariffs Reshape Trade Balance

Nigeria’s trade relationship with the United States deteriorated sharply in the first nine months of 2025, with exports plunging by nearly ₦1 trillion while imports from the American market more than doubled, reversing a surplus position recorded a year earlier. The shift, driven largely by Washington’s new tariff regime, has left Nigeria facing a widening … Continue reading Nigeria Records Nearly ₦1 Trillion Export Loss As U.S. Tariffs Reshape Trade Balance