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 ...
Tag: foreign trade
Nigeria’s import bill surges to highest in over 12 years
Nigeria's import surged by 54% year-on-year to N6.85 trillion in the first quarter of 2021.
Top Agro food products exported by Nigeria in 2020
Here is a list of the top 10 agro-food products exported by Nigeria in 2020
Nigeria records highest trade deficit since 1981
Nigeria recorded its highest foreign trade deficit since 1981 as the country's trade balance stood at -N7.38 trillion in 2020
Nigeria’s foreign trade rises to N9.12 trillion in Q4 2020
Nigeria's total foreign trade for the fourth quarter (Q4) of 2020 rose 8.8% to N9.12 trillion in Q4 2020
Nigeria’s foreign trade hits N8.4 trillion in Q3 2020, as import rises by 38%
Nigeria's total foreign trade rose by 34.15% in Q3 2020 to stand at N8.4 trillion compared to N6.24 trillion recorded ...
Nigeria’s total foreign trade drops to N6.24 trillion in Q2 2020, export plunges by 52%
Total import for the period stood at N4.02 trillion while total export was N2.22 trillion.
Nigeria’s foreign trade drops to N8.3 trillion, down by 18% in Q1 2020
Nigeria’s total foreign trade (import and export) rose marginally by 0.8% year on year, when compared to N8.24 trillion recorded ...
West Africa’s crude inventory is building up as demand slows due to Coronavirus
There is an increasing buildup in West Africa’s crude inventory, as the Coronavirus continues to impact negatively on demands from some European countries ...
Ghana becomes Nigeria’s biggest trade partner after border closure
The latest foreign trade report shows some interesting numbers, as Ghana tops Nigeria’s export destinations for the first time in ...
