Tag: Manufactured goods
-
Inflation looms as manufactured goods fall by 36%
The value of manufactured goods traded tumbled by 36 percent from N4.51tn in the second quarter of 2021 to N2.87tn in the corresponding period of 2022. This is according to the foreign trade report by the National Bureau of Statistics for the second quarter of the year and its corresponding quarter of 2021, The Punch reports.…
-
Business: Manufactured Imports Rise To N40.94tn
Nigeria has spent N40.94 trillion on importation of manufactured goods between January 2017 and March 2021. It was revealed that Nigeria only earned N4.22 trillion on the export of manufactured products within the same period. Data obtained from the Foreign Trade report of National Bureau of Statistics confirms the statement. In the review period, total…