By Salif Atojoko
President Bola Tinubu has welcomed the latest report on the country’s trade balance by the National Bureau of Statistics (NBS).
According to the report, Nigeria recorded another trade surplus in the second quarter of 2024, hitting N6.95 trillion, which is 6.60 per cent higher than the N6.52 trillion surplus recorded in the first quarter.
The latest NBS report came just days after the country recorded almost 100 per cent oversubscription of its first 500 million dollars domestic bond and half-year revenue of N9.1 trillion.
In a statement by Mr Bayo Onanuga, his Special Adviser, Information and Strategy, the President said the latest report underscored the increasing positive shifts in the economy over the last year.
“President Tinubu expresses confidence in the reforms his administration is pursuing and believes they will create a more robust economy that will usher in a new era of prosperity for Nigerians.
“The NBS report reflects the country’s strong…
Source: News Agency of Nigeria
