Nigeria economy: trade, prices, energy and public tenders · Alama Report

Economy
The latest checked official figures on Nigeria’s economy: prices, growth, public debt and the cost of borrowing.
Trade
Nigeria’s goods trade from official statistics: exports, imports and the balance.
Energy, oil and gas
Fuel prices, power and hydrocarbons in Nigeria, from official sources.
Mining
Mine output, mineral exports and mining projects in Nigeria, from official statistics and company reports.
Industry and construction
Industrial output, prices and construction activity in Nigeria, from official statistics.
Tourism and hospitality
Visitor arrivals, hotel activity and air traffic in Nigeria, from official statistics and operators.

Country at a glance

Population: 238mn (2025)
Capital: Abuja
Languages: English (official). Hausa, Yoruba and Igbo are named in the Constitution, alongside English, for National Assembly business.
Currency: Nigerian naira (NGN), floating
GDP: $290.8bn (2025) · $1,224 per person
Real GDP growth: 4.0% (2025)
Inflation: 23.0% (2025, annual average)
Main exports: Crude oil, liquefied natural gas, urea (fertilizer) (2023)
Regional groupings: ECOWAS · WAMZ · AfCFTA

Sources: World Bank, World Development Indicators (population, GDP, growth, inflation); exports; languages (Université Laval). These yearly benchmarks complement the checked figures on the topic pages.