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...
Nigeria Imports N362bn Worth of Wheat in 2018 Despite reports that agricultural productivity has been growing in Nigeria in recent years, data released by the National...
Frozen Fish Tops National Imports in February, 2.5MMT Imported Frozen fish topped Nigeria’s imports in the month of February, according to the Nigerian Ports Authority. Nigeria...
Substandard Meters, Transformers Imported Into Nigeria — FG The Federal Government on Thursday said it was worrisome to note that substandard power equipment like transformers and...