BREAKING: Nigeria’s trade surplus hits N6.95tn, import drops – NBS
Nigeria recorded a trade surplus of N6.95 trillion in the second quarter of 2024, reflecting the country’s strong export performance amidst a slight decline in overall merchandise trade.
This surplus marks a 6.60% increase from the previous quarter, which recorded a surplus of N6.52 trillion.
READ ALSO:
Nigeria’s total merchandise trade in Q2 2024 stood at N31.89 trillion, representing a 3.76% decline compared to the preceding quarter (Q1 2024) but marking a 150.39% rise from the corresponding period in 2023.
This is according to a report, released by the National Bureau of Statistics (NBS) on Wednesday, which shows a decline in Nigeria’s import.
Independence Bridge repairs: Sanwo-Olu urges Lagos residents to work remotely Babajide Sanwo-Olu, the governor of Lagos, said…
Chinese man found with fake diplomatic number plate in Lagos The Lagos State Police Command has taken a…
Akpabio to sue Natasha for alleged assassination attempt Senate President Godswill Akpabio has said he will…
Oyo PDP chieftain Adeojo dies, Makinde mourns Oyo State Governor, Seyi Makinde, has expressed deep sorrow…
Bayelsa govt gets court order to stop pro-Wike rally A High Court in Yenagoa, Bayelsa State, has…
Petitioners mobilise constituents for fresh Natasha’s recall Following the Independent National Electoral Commission’s (INEC) dismissal of…