Nigeria Q2 current account surplus jumps 68% to $7.54B
Nigeria’s current account surplus widened 68% to $7.54 billion in Q2, according to Central Bank of Nigeria balance of payments data, helped by higher oil/gas and refined exports, stronger remittances and increased foreign portfolio investment.
54 billion in the second quarter, supported by higher exports of oil, gas and refined petroleum products, stronger remittance inflows and increased foreign portfolio investment, Central Bank of Nigeria balance of payments data showed on Friday.