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• 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...

• ACCNRE has said Nigeria lost about N16 trillion to fraudulent practices under the policy on imports...

• Cost of importation of a 40-feet container from China to Nigeria has increased from 7000usd...

• Farmers have raised alarm over importation of 500 metric tonnes of rice seed into Nigeria...

• Motorcycle importation into Nigeria falls by 42.6% year on year in the first half of 2022...

• Nigeria has increased its imports from Russia by 143.21 per cent, according to the foreign trade report...

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

• 1.09Billion dollars was spent on software acquisition and importation of computer services into Nigeria in five years according to data from the International Trade Centre (ITC)...

• Nigerians imported fish, poultry eggs, milk, dairy and fish products worth $3.49 billion dollars in the last two years...

• Data from the International Trade Centre, ITC shows that Nigeria spent $2.35 billion dollars on phone importation in three years...

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Top Ten Trends and Articles This Week:

  • • Meta Agrees to Pay up to $18 Billion in Settlement Over Alleged Harm to Young Social-Media Users, Denies Wrongdoing
  • • Are human head transplants coming soon?
  • • Artemis II Crew Receives Congressional Space Medal of Honor at NASA’s Johnson Space Center
  • • U.S. authorities extradite two Nigerian fraudsters in alleged sextortion cases that led to death of minors
  • • Naira Exchange Rates: Conversion of United States Dollar (USD), British Pound Sterling (GBP), and European Euro (EUR) to Nigerian Naira (NGN) at CBN Rates (NFEM) - Nigeria Currency Converter Calculator
  • • Ghent University Suspends Jason Arday’s Plagiarism Accuser, Nathan Cofnas
  • • Reality TV personality Sidney Starr reportedly arrested in Hapeville, Georgia for alleged abuse of a minor
  • • CBN Updates Official Naira Exchange Rates for August 3, 2026 on Monday
  • • How Anthony Joshua was knocked down twice before knocking out Kristian Prenga in Round 2 in Jeddah, Saudi Arabia on Saturday night
  • • After 8-Month Mission in Space, NASA Astronaut Chris Williams and Two Roscosmos Cosmonauts Return to Earth
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