Imports From Other West African Nations Decline By N127bn   The value of goods imported by Nigeria from other West African nations, especially members of the Economic Community of West African States, fell by N127bn between the second and third quarter of 2019. Data from the National...

AfCFTA May Increase Nigeria’s Imports By 251%, Report Says   When the African Continental Free Trade Area agreement comes into full force, imported goods to Nigeria may jump by 251 per cent within 15 years. This, according to a research conducted by the Centre for Trade and...

In 5 Years, Palm Oil Imports Gulp N504bn   Importation of palm oil into the country gulped $1.4bn (about N504bn) in the past five years, investigation has shown. Global import data from the United States Department of Agriculture indicate that Nigeria imported a total of 2.04 million...

Petrol Imports Hit 5.61bn Litres In 2019 Q2   The volume of Premium Motor Spirit, also known as petrol, imported into the country rose by 15.2 per cent in the second half of the year to 5.61 billion litres amid concerns over smuggling of the product...

Nigeria Imports 1.3bn Litres Of Fuel In 2months   Nigeria, in January and February, imported a total of 986, 492 metric tonnes of petroleum products representing 1,387,410,984.2 litres of fuel, data from the Nigerian Ports Authority Shipping Position revealed. Frozen fish topped the nation’s imports for the...

Nigeria Imports N720bn Printing Papers Annually   Nigeria is currently importing over two million metric tons of papers valued at N720bn annually. This has triggered concerns on the need to develop the local print and graphics industry for improved contribution to the economy. Printing and graphics stakeholders under...