Foreign Trade Surges 81.35% To N35.16trn In Q3

Foreign Trade Surges 81.35% To N35.16trn In Q3 …C0NTINUE READING HERE >>>

Foreign trade in Nigeria surged to N35.16 trillion in the third quarter of 2024, latest data on foreign trade released by the National Bureau of Statistics (NBS), on Friday has shown.

The latest total foreign merchandise represents an increase of 81.35 per cent compared to the value recorded in the corresponding period of 2023 and a rise of 13.26 per cent over the value recorded in the preceding quarter.

Analysts have attributed the surge in foreign trade largely to the devaluation…

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