trade balance Nigeria
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Nigeria’s Imports Decline by 7% in Q1 2025 as Demand for Foreign Goods Drops
Nigeria’s appetite for imported goods has waned in early 2025, as official data shows a 7% decline in import value in the first quarter of the year, signaling tighter consumer demand and persistent macroeconomic pressures on trade. According to the latest Foreign Trade in Goods Statistics report released by the National Bureau of Statistics (NBS), […]