Nigeria imported a total of N334.68bn worth of solar panels in the third quarter of 2025, analysis of the foreign trade report released by the National Bureau of Statistics (NBS) has shown.
Textile Imports Hit N814bn, Despite Govt's Revival Pledge
Nigeria’s textile imports rose to N814.27bn in the first nine months of 2025, despite repeated claims by the Federal Government that it is reviving the sector. Stakeholders noted that the rising importation signalled a weaker local industry...
Nigeria’s foreign trade has grown strongly under President Bola Tinubu, with exports rising, total trade expanding and trade surpluses recorded every quarter since mid 2023.
Local Refining Boom Cuts Petrol Imports by N6trn
Nigeria’s petrol import bill fell sharply in the first nine months of 2025, dropping by N6.07tn compared with the same period of 2024, according to an analysis of National Bureau of Statistics trade data.
The value of imported...
