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March 14, 2021 Merchandise Trade Report: Worst Trade Deficit on Record as Exports Plummet

Nigeria’s merchandise trade improved 8.9% q/q in Q4:2020, the highest since Q2:2019 though dipped 9.9% y/y to ₦9.1tn. For FY:2020, merchandise trade fell by 10.3% y/y to ₦32.4tn due to a sharp contraction in exports according to report by the NBS. Consequently, the trade balance had a deficit of ₦7.4tn, the first since 2017 and […]

March 1, 2012 Editorial

Nigeria is both a promising and a challenging place to do business. This fact is amplified in the World Bank’s ease of doing business index where Nigeria is ranked 133 out of 183 countries as at June 2011. The World Bank derived its rankings from the average score of 10 topics which are; starting a […]

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