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NIGERIA FOREIGN TRADE
Nigeria’s trade with African countries has yet to reach pre-COVID-19 levels despite the implementation of the African Continental Free Trade Area (AfCFTA) agreement in 2021.
Nigeria’s import expenditure on armoured vehicles has significantly surpassed that on fuel in the final quarter of 2023, according to the National Bureau of Statistics (NBS).
Nigeria’s export value dipped by 19.9% quarter-on-quarter to N5.93 trillion in the same period
Key Highlights Total trade value was ₦7,211.61 billion Total trade value grew by 19.74% from Q4 2017 and...