Nigeria’s Trade Balance Rises To $1.43bn

The IMF data indicates a positive outlook for Nigeria’s economic growth and stability, showing a growing economy with increasing investment and savings even in the face of erosion of investors confidence.

Nigeria’s trade balance for the period under review shows a significant increase from $1.21 billion surplus seen in 2023.

A country’s current account balance is a measure of its net trade in goods, services, and transfers with the rest of the world.

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