Nigeria’s Energy Import Hits N861.67bn In Q1 - NBS
The Nigeria’s oil, gas, solid minerals and energy sectors recorded over N861.67 billion worth of products importation during the first quarter of 2018, according to the latest foreign trade statistics from the National Bureau of Statistics.The...
Oil: Ghana, Others To Import From Dangote’s Refinery
Ahead of the completion of the Dangote Oil Refinery, petroleum importing African nations and bulk oil distributors based in Ghana have expressed eagerness to patronise the Nigerian plant when production starts.
The oil buyers said arrangements had been...
NNPC: Nigeria Now World’s Largest Fuel Importer
Nigeria is the only member country in the Organisation of Petroleum Exporting Countries (OPEC) that imports petrol and is currently the largest importer of Premium Motor Spirit (PMS) in the world, Group Managing Director of the Nigerian National...
Nigeria Spent N19.5trn Importing Raw Materials In 7yrs
Nigeria spent N19.5 trillion to import raw materials in seven year from year 2000 to 2016. Director of Government Relations and Public Policy, sub-Saharan Africa Operations, Procter and Gamble (P&G), Mrs. Temitope Illuyemi disclosed this in Lagos...
The Central Bank of Nigeria has disclosed that total foreign exchange inflow into the economy in the second quarter of 2016 was $15.33billion.
This it said represented an increase of 3.7 per cent above the level at the end of the first quarter but, showed...
