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Nigeria recorded a trade surplus in the first quarter of 2024 as exports rose to N19,167.40 billion while imports stood at N12,643.23 in the first Quarter of 2024. This is according to the National Bureau of Statistics’ latest foreign trade in goods report. The figure showed that Nigeria’s exports grew by 195.47 percent when compared to the N6,487.04 billion in Q1 2023. The export data reflect a 51.00 percent increase compared to N12,693. 62 billion in Q4 2023. The top trading export partners were France, Spain, the Netherlands, India, and the United States of America. Further detail showed th…

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