Nigeria’s terms of trade records 4th quarterly decline in 2021

Nigeria’s commodity terms of trade (ToT) fell by 0.25 percent in the fourth quarter of last year (Q4’21), with commodity trade down 0.33 percent during the period. The decline, as contained in the National Bureau of Statistics (NBS)’s Commodity Price Indices and ToT for Q4’21 released on Monday, represents the fourth consecutive quarterly decline in … Continue reading Nigeria’s terms of trade records 4th quarterly decline in 2021