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Nigeria Records ₦8.9tn Trade Deficit In Nine Months, Expert Blames Insecurity

Nigeria recorded a negative trade balance of N8.9tn, between January and September, 2021, data from the National Bureau of Statistics have shown. Within this period, total foreign trade stood at N35.09tn, comprising N22tn imports and N13.1tn exports, leading to N8.9tn trade deficit. A breakdown of the trade data by quarters shows that Nigeria’s total merchandise…
United States Abuja Federal Capital Territory Simon Harry Pat Utomi Central Bank National Bureau Of Statistics

Nigeria Records ₦8.9tn Trade Deficit In Nine Months, Expert Blames Insecurity

Nigeria recorded a negative trade balance of N8.9tn, between January and September, 2021, data from the National Bureau of Statistics have shown. Within this period, total foreign trade stood at N35.09tn, comprising N22tn imports and N13.1tn exports, leading to N8.9tn trade deficit. A breakdown of the trade data by quarters shows that Nigeria’s total merchandise…
United States Abuja Federal Capital Territory Simon Harry Pat Utomi Central Bank National Bureau Of Statistics

Nigeria records negative trade balance of N8.9tn in 9 months

Nigeria recorded a negative trade balance of N8.9tn, between January and September, 2021, data from the National Bureau of Statistics have shown. Within this period, total foreign trade stood at N35.09tn, comprising N22tn imports and N13.1tn exports, leading to N8.9tn trade deficit. A breakdown of the trade data by quarters shows that Nigeria’s total merchandise…
United States United Kingdom Abuja Federal Capital Territory Simon Harry Pat Utomi Central Bank

Nigeria Records Negative Trade Balance In Q3, 2021 – NBS

December 06, (THEWILL) - Nigeria has recorded N3.032 trillion trade deficits in the third quarter (Q3) of 2021. The total trade figure in Nigeria, for the period stood at N13.2b, of which export trade value was N5.1b and import value was N8.1b The Statistician General of the Federation and Chief Executive Officer of National Bureau of […]
United States Abuja Federal Capital Territory Simon Harry Nigeria Port Authority Gas Free Zone Agency Gojopal Nigeria

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Ghosts Of EndSARS Haunt FG's Policies On Power, Petrol Subsidies – Gistmaster

• LCCI estimates losses at about N700b, economists say over N1tr lost to mayhem • Insurers settled N5.4b #EndSARS claims • Private sector, govt yet to recover from #EndSARS, says ex-LCCI boss Besides authorities’ resistance to activities commemorating one year anniversary of #EndSARS protests this week, the Federal Government appears to be haunted by worries…
Simon Harry Ganiyu Musa Yetunde Ilori Adebayo Adeleke Tamuno Kari International Energy Insurance Plc

Nigeria's high inflation slightly drops in September

Nigeria's high inflation has witnessed a gradual decline for six months, with the Consumer Price Index (CPI) slightly down from the 17.01 percent growth rate recorded in August. The figure was up 16.63 percent year-on-year in September. According to the latest CPI report by the National Bureau of Statistics (NBS),…
Abuja Federal Capital Territory Simon Harry National Bureau Of Statistics Consumer Price Index National Bureau

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