25 December 2016, Lagos — The National Bureau of Statistics (NBS) has disclosed that Nigeria recorded a negative trade balance…
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25 December 2016, Lagos — The National Bureau of Statistics (NBS) has disclosed that Nigeria recorded a negative trade balance…
The total value of Nigeria’s merchandise trade at the end of Q1, 2016 stood at ₦2,723.9 billion. From the preceding quarter value of ₦3,517.4 billion, this was ₦793.5billion or 22.6% less. This development arose due to a sharp decline in both imports and exports.
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