
Nigeria’s total trade hits N11.722bn in Q4 2022
The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N11,722.44 billion in the fourth quarter of 2022. This is according to the NBS Foreign Trade in Goods Statistics Report for Q4 2022 released in Abuja on Friday. The NBS said total exports stood at N6,359.61 billion and total imports stood at N5,362.83 billion. The report said on an annual basis, total trade was N52,387.30 billion, total imports amounted to N25,590.55 billion, and total exports were recorded at N26,796.75 billion. It said total exports increased in Q4 2022 by 7.17 per cent and 10.28 per cent when…