Household Food Imports Rise By 71% In Four Years   Food and beverage imports for households rose by 71.12 per cent between the third quarter of 2018 and the corresponding quarter of 2022 despite the foreign exchange crisis in the country. This was based on data from...

Nigeria’s Non-oil Exports Decline By 39%   Nigeria’s non-oil exports have fallen by 39 per cent from N6.914tn to N4.194tn in10 years, according to an analysis of the National Bureau of Statistics’ Foreign Trade Statistics. Specifically, figures show that the N4.194tn non-oil exports recorded in 2021 is...

Nigeria Records N5trn Non-oil Exports       More than N5 trillion non-oil export cargoes were ferried out of the country in the fourth quarter of last year. The goods were shipped out of Lagos ports and formed part of the total export goods valued at about N6 trillion. Customs...

Nigeria’s Q3 Trade Deficit Now N2.38trn, Highest Since 2017 – NBS         Nigeria’s trade deficit rose by 32.45 per cent from N1.8tn as of the end of second quarter to N2.38tn in the third quarter. The National Bureau of Statistics disclosed this in its Q3 Foreign Trade...