JUST IN: Nigeria’s Trade Deficit Rises to N5.7trn in H2

The National Bureau of Statistics latest report on Foreign Trade Statistics says Nigeria’s trade deficit in the second quarter of 2023 stood at N5.7tn.

According to the report released on Thursday, Nigeria’s total trade stood at N12.7tn while total exports stood at N7tn and total imports amounted to N5.7tn in the second quarter of 2023.

Details later…