Food Imports: Experts Warn of Economic ‘Catastrophe’ Following President Muhammadu Buhari decision to restrict the Central Bank of Nigeria from providing foreign exchange to importers of...
Nigeria’s Cargo Imports Grow by 21% in H1 2019 Cargo importation from US, Asia, Europe and other parts of the world into Nigeria rose substantially in...
LCCI Seeks Reversal of New Import Duty Exchange Rate The Lagos Chamber of Commerce and Industry has called for an immediate reversal of the new import...
Import Duty: Prices of Import Goods to Increase The Central Bank of Nigeria recently increased foreign exchange rate for import duty by N20 or 6.5 percent...
China Topples US to Emerge Nigeria’s Biggest Trading Partner China has finally toppled the United States of America to emerged the largest trading partner of Africa’s...
Nigeria Imports $600m Pottery Products Annually — FG Nigeria imports pottery products worth $600m annually, the Federal Government has said. The Coordinator, Mineral Sector Support for...
Nigeria Spends N16bn Annually on Beans Importation – FG Despite being the number one producer of beans in the world, Nigeria spends N16bn annually to import...
We’ve Saved $21bn on Food Imports, Says FG The Federal Government on Tuesday announced that Nigeria saved $21bn on food imports in the last three and...
Nigeria to Save N3.6trn by Reducing Importation The Federal Government can save up to N3.6 trillion by reducing the size of its imports in the next...
FG to Expand Nigeria, India Trade The Federal Government has commenced the process to expand the $12 billion annual bilateral trade between Nigeria and India in...