{"id":26130,"date":"2018-09-06T11:01:49","date_gmt":"2018-09-06T10:01:49","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=26130"},"modified":"2018-09-06T11:01:49","modified_gmt":"2018-09-06T10:01:49","slug":"nigerias-foreign-trade-falls-to-n6-56tn-in-q2","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/nigerias-foreign-trade-falls-to-n6-56tn-in-q2\/","title":{"rendered":"Nigeria\u2019s Foreign Trade Falls To N6.56tn In Q2"},"content":{"rendered":"

Nigeria\u2019s total value of merchandise trade dropped to N6.56 trillion in the second quarter of the year (Q2 2018), representing a -8.89 per cent contraction compared to the N7.21 trillion recorded in the preceding quarter, the National Bureau of Statistics (NBS) has stated.<\/p>\n

According to the Foreign Trade Statistics for Q2 which was released Thursday, the statistical agency attributed the contraction to the decline in both imports and exports in the review period.<\/p>

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Nigeria\u2019s total value of merchandise trade dropped to N6.56 trillion in the second quarter of the year (Q2 2018), representing a -8.89 per cent contraction compared to the N7.21 trillion recorded in the preceding quarter, the National Bureau of Statistics (NBS) has stated. According to the Foreign Trade Statistics for Q2 which was released Thursday, …<\/p>\n","protected":false},"author":6,"featured_media":25488,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17,624],"tags":[4446],"coauthors":[2391],"class_list":["post-26130","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","category-politics","tag-foreign-trade"],"yoast_head":"\nNigeria\u2019s Foreign Trade Falls To N6.56tn In Q2 - National Wire<\/title>\n<meta name=\"description\" content=\"Nigeria\u2019s total value of merchandise trade dropped to N6.56 trillion in the second quarter of the year (Q2 2018), representing a -8.89 per cent contraction compared to the N7.21 trillion recorded in the preceding quarter, the National Bureau of Statistics (NBS) has stated.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/nigerias-foreign-trade-falls-to-n6-56tn-in-q2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria\u2019s Foreign Trade Falls To N6.56tn In Q2 - National Wire\" \/>\n<meta property=\"og:description\" content=\"Nigeria\u2019s total value of merchandise trade dropped to N6.56 trillion in the second quarter of the year (Q2 2018), representing a -8.89 per cent contraction compared to the N7.21 trillion recorded in the preceding quarter, the National Bureau of Statistics (NBS) has stated.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/nigerias-foreign-trade-falls-to-n6-56tn-in-q2\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-06T10:01:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/08\/National-Bureau-of-Statistics-NBS.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"679\" \/>\n\t<meta property=\"og:image:height\" content=\"465\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/nigerias-foreign-trade-falls-to-n6-56tn-in-q2\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/08\/National-Bureau-of-Statistics-NBS.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/08\/National-Bureau-of-Statistics-NBS.jpg\",\"width\":679,\"height\":465},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/nigerias-foreign-trade-falls-to-n6-56tn-in-q2\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/nigerias-foreign-trade-falls-to-n6-56tn-in-q2\/\",\"name\":\"Nigeria\u2019s Foreign Trade Falls To N6.56tn In Q2 - 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