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Tag "trade deficit"

Nigeria’s trade deficit rises 62% to N3trn in Q3 2021

    Nigeria’s trade deficit rises 62% to N3trn in Q3 2021

The National Bureau of Statistics (NBS) says Nigeria’s foreign trade rose 62 percent to record N3.03 trillion deficit in the third quarter of 2021. This is higher than the N1.87

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NBS: Nigeria recorded N1.87trn trade deficit in Q2 2021

    NBS: Nigeria recorded N1.87trn trade deficit in Q2 2021

The National Bureau of Statistics (NBS) says Nigeria recorded N1.87 trillion trade deficit in the second quarter (Q2) of 2021.  The NBS stated this in a report titled: “Foreign trade

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Nigeria records first annual trade deficit since 2016

    Nigeria records first annual trade deficit since 2016

Nigeria has recorded its first annual trade deficit since 2016 after imports exceeded exports by N7.37 trillion. This is contained in the 2020 fourth quarter foreign trade in goods statistics

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Nigeria’s Q3 trade deficit hits N2.38trn — highest in 3 years

    Nigeria’s Q3 trade deficit hits N2.38trn — highest in 3 years

Nigeria’s trade deficit rose by 32.45 percent from N1.8 trillion in the second quarter of 2020 to N2.38 trillion in the third quarter. This is according to the ‘Foreign Trade

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NBS: Nigeria imported almost double its exports in Q2

  NBS: Nigeria imported almost double its exports in Q2

Nigeria’s trade deficit ballooned by 92 percent between the first and second quarter of 2020 on the back of increased

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