Nigeria’s service imports surpass exports, records $33.7bn deficit

3 months ago 36

Nigeria recorded trade in services deficit of $33.7bn in 2019, even as its merchandise exports fell by 14.1 per cent in the same year, according to the United Nations. The UN, in its UN Comtrade International Statistics Yearbook 2020, said, “In 2019, the value of merchandise exports of Nigeria decreased substantially by 14.1 per cent…

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