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[needs update] Television stations: nearly 70 federal government-owned national and regional TV stations; all 36 states operate TV stations; several private TV stations operational; cable and satellite TV subscription services are available (2007). [23] [needs update] Television sets: 56.9 million (2007). [13] [needs update]
As of June 2019, it stands at US$1 =NGN357. In recent years, Nigeria has expanded its trade relations with other developing countries such as India. Nigeria is the largest African crude oil supplier to India – it annually exports 400,000 barrels per day (64,000 m 3 /d) to India valued at US$10 billion annually. [166]
The End Bad Governance protests, widely known by the hashtags #EndBadGovernance or #EndBadGovernanceInNigeria, were a series of decentralized mass protests in Nigeria [7] that mainly occurred from 1 August to 10 August 2024, triggered by the rising cost of living in the country.
Ed Brzytwa, the CTA's vice president of international trade, said a number of the trade group's members are "front-loading 2025 imports into 2024 to get out ahead of the tariffs."
The Nigerian-German Chamber of Commerce was created in 1986 for fostering bilateral trade between Germany and Nigeria and has since deepened economic ties between the two countries. [ 8 ] In 2011, the German-Nigerian Binational Commission was created to bolster cooperation in business, education, energy, migration issues and culture.
Economists have estimated that Swiss economic output could be reduced by 1% if severe amplification effects like a trade war broke out or companies started relocating to avoid tariffs.
A measure of total gains from trade is the sum of consumer surplus and producer profits or, more roughly, the increased output from specialization in production with resulting trade. [8] Gains from trade may also refer to net benefits to a country from lowering barriers to trade such as tariffs on imports. [9] David Ricardo in 1817 first ...
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