Nigeria Spends N1.48 Trillion on Raw Material Imports in Q2 2024, NBS Report Shows

  The National Bureau of Statistics (NBS) has released its “Foreign Trade in Goods Statistics” for…

Nigeria’s Imports Slump to N12.47tr in Q2

  Nigeria’s total imports in Q2 2024 stood at N12,47 trillion, a 10.71% decrease from Q1…

Dangote Refinery’s Diesel Inferior to Imports, Says NMDPRA CEO

  The CEO of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has stated…

Court jails clearing agent over pangolin scales, others

  The Federal High Court sitting in Lagos on Thursday jailed a clearing agent, Felix Olame,…

U.S. container imports tumble after 2022 record levels

  Import cargo volume at the United States’ major container ports is recovering from a nearly…

FG to slam additional 0.5% levy on imports to finance World Bank obligations, others

  The Federal Government has initiated plans to introduce O.5 per cent levy on imported goods…

Exchange rate: Customs hikes duties, levies on imports 

The Nigeria Customs Service (NCS) has increased the official exchange rate it uses to calculate import…

Nigeria imports $6bn wheat in five years

The Federal Government on Tuesday said Nigeria spent $6 billion on the importation of wheat into…

Nigeria’s imports from China rise by 183.91%, debts hit $3.67bn

  Nigeria’s import from China rose by 183.91 per cent from N530.98bn in the first quarter…

What is your view on CBN’s e-valuator and e-invoicing policy on imports and exports?

Lucky Amiwero The introduction of the e-valuator and e-invoicing for import and export by the Central…

Nigeria’s imports rise to N8.2tn in Q3 – NBS

  The National Bureau of Statistics on Monday disclosed that total foreign trade in Nigeria rose…

Nigeria imports N3.32tr goods from China in Q1 

  Nigeria imported goods worth N3.32 trillion from Asian countries in the first quarter of this…