The National Bureau of Statistics (NBS) has disclosed that Nigeria recorded N5.81 trillion trade surplus in the third quarter (Q4) of 2024.
A trade surplus occurs when the export value of a nation outweighs its imports.
NBS, in a report titled ‘Foreign trade in goods statistics (Q3 2024),’ released on Friday, said Nigeria’s exports totalled N20.48 trillion while imports stood at N14.67 trillion representing a trade surplus of N5.81 trillion.
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