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Tue Jun 03 2025 21:36:20 GMT+0000 (Coordinated Universal Time)

• Nigeria's CBN has decided to lift the forex ban on 43 items, and is also planning to intervene in the forex market

• Global Rice Crisis: India's Export Ban Sparks Alarm, But There's Hope on the Horizon

• NEXIM Bank has said that Nigeria is losing over $5 billion yearly as freight payment for shipping services...

• Nigeria is the highest PMS and diesel generator importer in Africa, according to IRENA's report...

• Nigeria's import from Russia has crashed significantly, hitting its lowest this year...

• Nigeria imported merchandise worth N5.66 trillion naira in the 3rd quarter of the year 2022...

Nigeria spent $5.26bn importing electric generating sets, electric transformers, vacuum cleaners...

Share ☞ Copy Link: 🔗 https://newsblist.blogspot.com/2022/09/nigeria-spent-526bn-importing-electric.html

Published (Updated) on Saturday, September 10, 2022

According to data from the International Trade Centre (ITC), Nigeria spent $5.26bn importing electric generating sets, electric transformers, vacuum cleaners, hair clippers, and other electrical machinery and equipment in 2020 and 2021...
Punch's Report..

🗨 Comment.. #️⃣ Business.. #️⃣ Importations.. #️⃣ Nigeria..

News ☛ Agencies and Media

• Nigeria's CBN has decided to lift the forex ban on 43 items, and is also planning to intervene in the forex market

• Global Rice Crisis: India's Export Ban Sparks Alarm, But There's Hope on the Horizon

• NEXIM Bank has said that Nigeria is losing over $5 billion yearly as freight payment for shipping services...

• Nigeria is the highest PMS and diesel generator importer in Africa, according to IRENA's report...

• Nigeria's import from Russia has crashed significantly, hitting its lowest this year...

• Nigeria imported merchandise worth N5.66 trillion naira in the 3rd quarter of the year 2022...

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