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...
Nigeria to Benefit From Trade War - Report
President Donald Trump’s trade protectionist measures will ultimately benefit Nigeria, as escalating global trade tensions are expected to give additional support to Brent Crude prices, a report has stated.
The latest round of trade wars saw the US...
NNPC Imports $5.8bn Worth of Petrol to Tackle Fuel Crisis
The Nigerian National Petroleum Corporation (NNPC) says it has imported 9.8 million metric tons of Premium Motor Spirit (PMS) worth $5.8 billion to combat the fuel crisis that resurfaced since late last year.
This was disclosed...