Importers Decry Surcharge on Nigerian Cargoes Nigeria Importers have kicked against the huge surcharge imposed by the international shipping firms on cargoes across the world. The...
Importers, Cargo Handlers Fight as Demurrage Hits N2bn Many importers were dumbfounded following the imposition of demurrage on their goods despite knowing that the COVID-19 lockdown...
Nigeria Spends N1.7trn on Petrol Importation in 2019 The total amount spent on petrol importation in 2019 declined by 42 per cent from N2.95 trillion recorded...
Nigerians Spend $8bn on Vehicle Importation Annually – Jelani The Director-General, National Automotive Design and Development Council, Jelani Aliyu, said Nigerians spent over $8 billion on...
Nigerians Imported Used Cars Worth N1.08trn A recent data from the National Bureau of Statistics (NBS) revealed that Nigerians spent N1.08 trillion on used cars, popularly...
China Imports 68% Of Nigeria’s Solid Minerals In 2017 – NEITI The latest report from the Nigeria Extractive Industries Transparency Initiative (NEITI) has shown that China...
Japanese Companies In Nigeria Double In 4 Years Japan’s trade relation with Nigeria continues to grow as it’s affiliated companies in the country doubled in the...
$8bn Splashed On Vehicle Importation Yearly – Malami Nigerians spend over $8 billion annually on car importation, the amount which would have been saved if there...
1st Vessel Berths at Calabar Seaport in 13 Years Calabar Port Complex received its first container vessel thirteen years after it was concessioned. Marguisa Shipping Line’s...
China-Nigeria Trade Volume Hits $8.6b The total trade between Nigeria and the world’s second-largest economy, China, rose to $8.6 billion in the first half of the...