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Manufactured Exports Fall By 40% In Q1, Says NBS

Manufactured Exports Fall By 40% In Q1, Says NBS   The National Bureau of Statistics’ Foreign Trade Statistics report, released on Monday, indicates a significant 40 per cent decrease in the value of traded manufactured goods in Q1 2023, which declined from N219bn in the corresponding...

Inflation Looms As Manufactured Goods Drop By 36% To N2.87trn

Inflation Looms As Manufactured Goods Drop By 36% To N2.87trn   The value of manufactured goods traded tumbled by 36 per cent from N4.51tn in the second quarter of 2021 to N2.87tn in the corresponding period of 2022. This is according to the foreign trade report by...

Nigeria Imports N13.7trn Manufactured Goods In Nine Months

Nigeria Imports N13.7trn Manufactured Goods In Nine Months   Manufactured goods valued at N13.7tn were imported into Nigeria from January to September this year, data from the National Bureau of Statistics show. The country exported N757bn worth of manufactured goods in the nine-month period, accounting for 0.06...

Manufactured Imports Exceeded Exports By N4.3trn In Q2 – NBS

Manufactured Imports Exceeded Exports By N4.3trn In Q2 – NBS           The value of manufactured goods imported into the country exceeded exports by N4.37tn in the second quarter of 2021, according to figures obtained from the National Bureau of Statistics. The NBS stated that the value of...

In Three Months, Nigeria Imported N2.78trn Manufactured Goods – NBS

In Three Months, Nigeria Imported N2.78trn Manufactured Goods – NBS       Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and June. According to figures obtained from the National Bureau of Statistics on foreign trade statistics for the second quarter, this...

Questionable Cargoes Boost Manufactured Goods Exports By N909bn

Questionable Cargoes Boost Manufactured Goods Exports By N909bn Exports of locally manufactured goods went up as high as 839.44 per cent between second and third quarter of 2019, aided by what the National Bureau of Statistics classified as re-exported goods worth N909bn, which may have...