In Six Months, Nigeria’s Foreign Trade Hits N12.74trn   Nigeria’s import and export trade as of June 2023 stood at N12.74 trillion. This was contained in the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) prepared by the Budget Office of the Federation and...

Nigeria Records N931.1bn Trade Surplus In Q1, 2023   Nigeria recorded N931.1billion surplus trade in the First Quarter of the year, according to the National Bureau of Statistics (NBS). Its document entitled: “Foreign Trade in Goods Statistics (Q1 2023),” which The Nation obtained yesterday, stated in the...

Nigeria’s Import From Russia Plunges By 92%   Nigeria’s import from Russia has crashed significantly, hitting its lowest this year, as the war in Ukraine persists. The foreign trade report of the National Bureau of Statistics for the third quarter of 2022 released last week showed that...

Nigeria’s Foreign Trade Rises To N9.76trn In Q1, Records N3.94trn Deficit       Nigeria’s total merchandise trade increased to N9.76 trillion in the first quarter of the year, representing 6.99 per cent rise over the N9.12 trillion in the preceding quarter, the National Bureau of Statistics (NBS)...

Foreign Trade Rises By 3% To $7.7bn In November — CBN Report       Nigeria’s foreign trade rose Month-on-Month (M-o-M) by three per cent to $7.76 billion in November 2020 from $7.53 billion in October 2020. The slight increase in trade was driven by a six per cent...