Nigeria’s cashew export earnings surged to a five-year high in the first six months (H1) of 2025 (H1), rising 11-fold to N626 billion, driven by clement weather that bolstered output. Data from the National Bureau of Statistics (NBS) show that Nigeria’s cashew exporters earned N56.64 billion in H1 of 2021, but the figure rose to N626 billion in H1 2025, marking an 11-fold increase over the period. Cashew exporters earned N147.83 billion in H1 of 2022 and N67.39 billion H1 of 2023, N315.72 billion in H1 2024, the NBS data show. The 2025
Nigeria’s cashew export earnings surged to a five-year high in the first six months (H1) of 2025 (H1), rising 11-fold to N626 billion, driven by clement weather that bolstered output. Data from the National Bureau of Statistics (NBS) show that Nigeria’s cashew exporters earned N56.64 billion in H1 of 2021, but the figure rose to N626 billion in H1 2025, marking an 11-fold increase over the period. Cashew exporters earned N147.83 billion in H1 of 2022 and N67.39 billion H1 of 2023, N315.72 billion in H1 2024, the NBS data show. The 2025