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Nigeria Forum/News

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Nigeria’s trade surplus hits N5tn

punchng.com/nigeri...

submitted over 1 year ago by uzong

Nigeria’s trade surplus hits N5tn

submitted over 1 year ago by uzong

Nigeria’s trade surplus hits N5tn
  • Nigeria had a trade surplus of N5.81tn in the third quarter of 2024, showing a rise in export earnings, but it was lower than the previous quarter's surplus of N6.95tn.
  • The increase in exports was mainly due to higher crude oil and natural gas exports, with Spain being Nigeria's top export partner, while imports rose driven by manufactured goods and raw materials.
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