Foreign Trade Records N3.02trn Deficit In Q3, 2021
Nigeria’s total external merchandise trade recorded a N3.02 trillion deficit in the third quarter of the year (Q3 2021) as imports significantly outweighed exports, leading to unfavourable trade balance, the National Bureau of Statistics (NBS) said yesterday.
However,...
Nigeria’s Foreign Trade Deficit Drops To N1.9trn
Nigeria’s foreign trade deficit narrowed by 110.9 per cent to N1.87 trillion in the second quarter (Q2) compared with the first quarter on account of an increase in the value of oil export.
According to foreign trade data released...
