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Nigeria's non-oil exports overtake crude oil for first time in six years

Published

8 September 2026

Topic

operational-macro

Sectors

Climate Tech

Geography

Nigeria

Source

Read at businessday.ng

Verified

Fusion42 · 8 September 2026 · Fusion42 review

Nigeria's non-crude oil exports surpassed crude oil exports for the first time in six years during Q2 2026, driven by increased refinery output, raising the trade surplus significantly.

This Wire brief sits within Fusion42's coverage of Climate Tech.

◆ The Wire takeaway

You need to rethink export strategy as refined fuels from local plants like Dangote now replace crude oil exports, opening new routes and customers in energy trade.

Coverage

1 source · 8 Sep 2026

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Topics

Climate Techtrade-surplusnon-oil-exportsrefinerynigeriaenergy-export