The recent data released by the National Bureau of Statistics (NBS) depicting favourable balance of trade looks set to vanish on slumping oil prices.
Nigeria’s external merchandise trade stood at N6.65 trillion in the second quarter of 2014.
Relative to the N5.51 trillion recorded in the preceding
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Patrick ATUANYA and BALA AUGIE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
