Nigeria’s total trade dip 10.3% y/y to N32.42trn in 2020 but the trade deficit still on the rise to N7.38trn due to pandemic, border closure

Total import reached a record high at N19.89trn; exports declined to N12.52trn   Charles Abuede   Nigeria’s total trade fell to N32.42 trillion in 2020 and showing a negative foreign trade deficit in the sum of N7.38 trillion. The latest figures from the National Bureau of Statistics (NBS), Nigeria showed.  The NBS, in the latest […]