{
  "id": 8244515,
  "title": "BREAKING: Nigeria’s current account surplus jumps 68% to $7.54 billion in Q2 2026",
  "url": "https://urgent.news/2026/09/18/breaking-nigerias-current-account-surplus-jumps-68-to-7-54-billion-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T12:10:08.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/09/18/nigerias-current-account-surplus-jumps-68-to-7-54-billion-in-q2-2026/"
  },
  "original_language": "en",
  "account": "In Q2 2026, Nigeria's current account surplus surged by an impressive 67.9% to reach $7.54 billion, up from $4.49 billion in the previous quarter. This notable increase was primarily driven by stronger export receipts and higher remittances from the diaspora. The surplus marked a 45.8% jump compared to the same period in 2025, as recorded by the Central Bank of Nigeria (CBN). The goods account surplus expanded to $10.12 billion, reflecting a wider surplus, while the services and primary income accounts experienced larger net outflows. Despite this, the rise in remittances played a crucial role in offsetting the higher outflows in other sectors. The financial account showed a net lending position of $1.74 billion, a shift from the net borrowing position of $2.03 billion in the preceding quarter. However, investments abroad resulted in outflows, with direct investment assets amounting to $560 million and portfolio investment assets amounting to $700 million. Overall, Nigeria recorded a balance of payments surplus of $3.51 billion in Q2 2026, with external reserves growing by $7.09 billion since the start of the year. This growth has surpassed the Central Bank of Nigeria's projected reserve level for 2026, providing a stronger external buffer for the Nigerian economy.",
  "summary": "Nigeria’s current account surplus rose by 67.9% to $7.54 billion in the second quarter of 2026, from $4.49 billion in the preceding quarter, supported by stronger export receipts and higher diaspora remittances. The surplus was also 45.8% above the $5.17 billion recorded in the corresponding period of 2025, according to the Central Bank of Nigeria’s […] The post BREAKING: Nigeria’s current…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "BusinessDay Nigeria",
        "title": "Remittances climb to $5.82bn as Nigeria’s current account surplus widens",
        "url": "https://urgent.news/2026/09/18/remittances-climb-to-5-82bn-as-nigerias-current-account-surplus-widens",
        "published": "2026-09-18T15:02:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}