Business News

Nigeria-Germany Trade Volume Reaches €3bn

trade volume

By Adedapo Adesanya The German Ambassador to Nigeria, Mrs Annett Gunther, has disclosed that the Nigeria-Germany trade volume currently stands at about €3 billion. Mrs Gunther, who made this known in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja, said that the trade relations between both countries had grown over the years. Specifically, she said the trade relations grew from €2 billion in 2022 to the current figure of €3 billion, with the balance of trade in favour of Nigeria because of crude oil export She said there was the potential for improvement in trade