Nigeria Imported Used Cars Worth N185bn In Q3, 2021
Nigeria Foreign Trade in Goods Statistics for Quarter Three, 2021has revealed that the country imported used vehicles worth N185.4bn.
The Statistician-General, Mr Simon Harry who disclosed this yesterday said Nigeria’s total merchandise trade rose to N13.3 trillion...
Nigeria Revenue May Crash Further As OPEC Forecasts Supply Glut
Nigeria’s revenue from crude oil sale may drop further in the first and second quarters of 2022 going by the latest projection of surplus oil supply in the period under review by the Organisation of...
Nigeria, Others Seal $42.1bn Trade Deals At IATF
Nigeria and other African countries sealed trade-related investment deals worth $42.1 billion at the recently concluded second Intra-African Trade Fair (IATF 2021) held in Durban, South Africa.
According to the latest tally released by the IATF Advisory Council,...
Report Says Nigeria, 12 Others’ll Grow Global Trade To $30trn
A new report commissioned by Standard Chartered and prepared by PwC Singapore has said Nigeria and 12 other countries will be responsible for driving global trade to $30tn by 2030.
The report said global exports would...
Nigeria’s Exports To Hit $112bn By 2030 - Report
A new research by Standard Chartered has projected that global exports will almost double from $17.4tn to $29.7tn over the next decade, with Nigeria topping the volume for Africa.
At 9.7 per cent yearly growth rate, the...
Nigeria’s Trade Deficit Drops By 61% To $340m
The nation’s trade deficit fell year-on-year (YoY) by 61 per cent to $340 million in July 2021 from $880 million in July 2020.
However, receipts from crude oil and gas exports rose by 127 per cent to $3.99...