September 7, 2021/United Capital Research The National Bureau of Statistics (NBS) released Nigeria’s Foreign Trade in Goods Statistics for Q2-2021. During the quarter, total merchandise trade grew 23.3% q/q and 88.7% y/y to N12.0tn from N9.8tn in Q1-2021 and N6.4tn in Q2-2020. The increase was due to a sharp growth […]
OPINION/EDITORIAL
Trade Deficit Narrows on Increased Crude Oil Receipts
September 7, 2021/CSL Research Based on the foreign trade in goods statistics released by the National Bureau of Statistics (NBS), the total value of Nigeria’s merchandise trade increased by 23.3% q/q and 88.7% y/y to N12.0trn in Q2 2021 from N9.8trn in Q1 2021 and N6.4trn in Q2 2020. An […]
Out of the Woods?
September 6, 2021/CSL Research Based on the Q2 2021 GDP data released by the National Bureau of Statistics (NBS), the real estate sector is once more in the spotlight, as it recorded another growth of 3.85% in Q2 2021, the highest growth posted in 26 quarters. By and large, this […]
