Nigeria’s trade deficit hits N5.7trn- NBS

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Nigeria’s trade deficit in the second quarter of 2023 stood at N5.7tn, according to the Foreign Trade Statistics report published by the National Bureau of Statistics on Thursday.

Nigeria’s total commerce in the second quarter of 2023 was worth N12.7 trillion, with N7 trillion in exports and N5.7 trillion in imports.

Details later…