In the third quarter of 2020, Africa’s biggest economy saw its trade deficit surge by 32.45 percent to N2.38 trillion from N1.8 trillion in the second quarter, and down from a surplus of N1.38 trillion in Q3’2019.
Nigeria’s foreign trade balance remained on the positive side, as trade surplus increased by 89 percent from N3.95 trillion to N7.5 trillion (year-on-year) in the first quarter of 2026, the National Bureau of Statistics data has revealed.
According to foreign trade report that was analysed by B
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