Nigeria has witnessed a major shift in its trade dynamics, with Africa emerging as the country’s largest export destination in 2024.
This is according to the latest trade data released by the National Bureau of Statistics (NBS), which highlights a significant trade surplus driven by robust exports to the African continent and key global markets.
The NBS data reveals that Nigeria’s total exports for the year stood at $38.8 billion, surpassing total imports of $24.6 billion, resulting in a trade surplus of $14.2 billion.
Read more at Nairametrics
This is according to the latest trade data released by the National Bureau of Statistics (NBS), which highlights a significant trade surplus driven by robust exports to the African continent and key global markets.
The NBS data reveals that Nigeria’s total exports for the year stood at $38.8 billion, surpassing total imports of $24.6 billion, resulting in a trade surplus of $14.2 billion.
Read more at Nairametrics