
Nigeria’s terms of trade decline moderately
By Elizabeth Adegbesan Nigeria’s all commodity terms of trade (ToT) fell by 0.25 per cent in the fourth quarter of last year (Q4’21) as commodity exports declined by 0.33 per cent during the period. The ToT for October, November and December, 2021 stood at 102.34 per cent, 102.51 per cent and 102.09 per cent respectively. […]