Nigeria’s foreign trade drops to N11.6 trillion in Q3 2022 as oil export falls
This represents a 9.7% decline compared to N12.84 trillion recorded in Q2 2022
Tag: foreign trade
Nigeria’s foreign trade rises to N12.8 trillion in Q2 2022
Nigeria recorded a total foreign trade of N12.84 trillion in the second quarter of 2022, representing a 32.2% increase compared ...
Nigeria’s foreign trade rises to N13 trillion in Q1 2022
Nigeria’s foreign trade rose to N13 trillion in the first quarter of 2022, increasing by 11.1% from N11.7 trillion recorded ...
Nigeria’s fuel import rise to N4.5 trillion in 2021
Nigeria spent a total of N4.56 trillion on the importation of moto spirit (fuel) in 2021 about 128% higher than ...
Nigeria’s foreign trade skyrockets by 58% to N39.8 trillion in 2021
Nigeria recorded foreign trade of N39.8 trillion in 2021, representing a 58% surge compared to N25.22 trillion recorded in 2020.
Surge in import bill pushes Nigeria’s foreign trade to N13.3 trillion in Q3 2021
Nigeria’s foreign trade increased by 58.6% year-on-year in the third quarter of 2021, reaching a record N13.28 trillion from N8.38 ...
Nigeria’s crude oil & gas exports proceeds fall by 42%
Nigeria’s crude oil exports fell by a whopping 41.9% year-on-year in the first quarter of 2021.
China, Netherlands, USA lead list of top Nigeria import sources in Q1 2021
China, Netherlands, and the United States accounted for 48.8% of the total import bill in Q1 2021.
Despite border closure, multiple bans and severe pains, Nigeria spends N3.1 trillion on Agric import in 2 years
A major problem in Nigeria has been the access to food and the incessant increase in the prices of food ...
Trade deficit widens on increased imports
The surge in imports compared with the decline in exports resulted in the 6th consecutive quarter of trade deficit and ...
