Nigeria’s Import From Russia Plunges By 92%   Nigeria’s import from Russia has crashed significantly, hitting its lowest this year, as the war in Ukraine persists. The foreign trade report of the National Bureau of Statistics for the third quarter of 2022 released last week showed that...

Nigeria Imports N512bn Of Agricultural Produce In Q3, 2022   The value of agricultural imports in Nigeria has increased to N512.91bn, the National Bureau of Statistics (NBS) has disclosed. The NBS in a report released yesterday stated that the figure was an increase of 10.44 per cent...

Despite Ukraine War, Nigeria’s Russian Imports Increase By 143%   Amid the attacks on Ukraine, Nigeria has increased its imports from Russia by 143.21 per cent, according to the foreign trade report of the National Bureau of Statistics for the second quarter of 2022. It was observed...

Agric Imports Exceed Exports By N443.35bn In Q1, 2022   The value of agricultural goods imported into the country exceeded exports by N443.35bn in the first quarter of 2022 amid rising security challenges that have continued to affect the fortunes of the sector. Data obtained from the...

Nigeria’s Imports From China Rise By 183.91%   Nigeria’s import from China rose by 183.91 per cent from N530.98bn in the first quarter of 2018 to N1.51tn in Q1 2022. According to the National Bureau of Statistics (NBS) data on foreign trade, China is responsible for most...

Nigerians Spent N74bn To Import Motorcycles In Q1, 2022   As the Lagos State Government clamps down on commercial motorcyclists and while some states try to regulate their activities, the National Bureau of Statistics (NBS) has said N74 billion was used to import motorcycles in the...