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Nigeria’s trade surplus in Q2 jumped by 8.36% to $6.56bn mainly due to a greater fall in imports than exports. However, the fall in international trade flows was further compounded by a reduction in investment flows during the same period, 12.53% fall in capital importation. The picture in Q3 is much better than Q2. Oil exports are up and imports are increasing.

Natural honey is becoming https://www.bodydelsol.com/prednisone-for-sale/ widely consumed by the Nigerian elite mainly for health reasons. However, Nigeria only produces a meagre 2% of total output. The domestic demand gap is 360,000tonnes. The bridging of this gap presents a massive investment opportunity for indigenous investors.

The attached document contains a snapshot of the global and domestic developments in the commodities market.

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