Nigeria’s agricultural goods imports exceeds exports by N1.037 trillion in 2023
The value of agricultural goods imported into Nigeria in 2023 exceeded exports by N1.037 tn marking the 5th year imports ...
Tag: Imports
Macro updates: Nigeria falls short of net exports despite record monthly trade surplus
In Q4 of 2023, Nigeria shifted back into net importer status, primarily attributed to a substantial acquisition of tanks and ...
Nigeria’s total foreign trade rises by 37.2% to N71.88 trillion in 2023
In 2023, Nigeria’s total foreign trade increased from N52.38 trillion recorded in 2022 to N71.88 trillion- an increase of 37.2% ...
Nigeria’s imports in 2022 and the need to produce locally
The interconnectedness of the world has made it impossible for any country to survive in isolation. International trade is a ...
Nigeria’s import bill surges to highest in over 12 years
Nigeria's import surged by 54% year-on-year to N6.85 trillion in the first quarter of 2021.
Nigeria’s auto-policy in tatters as Cars and Motorbike importation hit N1 trillion
Recent data obtained from the NBS show that between the first quarter of 2018 and the second quarter of 2019, ...
Nigeria’s total Foreign Trade hits N8.6 trillion in Q2 2019, up by 4.4%
Nigeria’s total foreign trade (value of exports and imports) hit N8.60 trillion in the second quarter (Q2) of 2019, up ...
Nigeria to boost cotton and soya production with N66 billion CBN loan
The Central Bank of Nigeria (CBN) has called on SMEs to take advantage of opportunities from the bank to boost ...
