News

Supply Improves, Demand Falls As Nigeria Records 40.1ml/Daily Petrol Output

NIGERIA’s total petrol supply rose to 40.1 million litres per day (ml/d) in March 2026, reflecting a modest increase from the 39.5 ml/d.

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News

Despite Local Farming Push, Nigeria’s Food Imports Hit $2.39bn

NIGERIA’s reliance on foreign food supplies continues to surge despite government-backed agricultural initiatives, as the country spent a staggering $2.39 billion on food.

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News

As Trump’s New Tariff Takes Effect Wednesday, US Imports $643m Nigerian Goods In 60 Days

THE United States imported $643.1m worth of goods from Nigeria in the first two months of 2025, just a month before the implementation.

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News

Ease As Petrol Marketers Import 123m Litres To Supplement Dangote Supply

NO fewer than four vessels carrying imported Premium Motor Spirit, popularly called petrol, arrived at seaports situated along the nation’s borders between Friday,.

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News

NNPC May Stop Petrol Import As Depots Price Nears N1,000/Liter

THE pump prices of Premium Motor Spirit, popularly known as petrol, may rise above N1,000/litre in filling stations as the cost of the.

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News

FULL LIST: Customs Release Guidelines For Free Import On Food Items

THE Nigeria Customs Service (NCS), on Wednesday, announced President Bola Tinubu’s approval for the implementation of a Zero Percent Duty Rate (0%) and.

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Business

Nigeria Leads Africa As Highest Importer Of Generator

A NEW report by the International Renewable Energy Agency (IRENA) reveals that Nigeria is the leading importer of premium motor spirit (PMS) and.

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Business

Nigeria Spent N205.38bn On Importation Of Medications In Nine Months – NBS

NATIONAL Bureau of Statistics’ foreign trade reports has indicated that Nigeria had spent N205.38bn in the importation of medications within nine months. The.

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