Tag: NBS trade report

Vehicle imports in Nigeria plunge 10% as weak spending cripples auto market

Business Damilola Bayonle -
Nigeria’s automobile industry is facing one of its toughest periods in years as the sharp decline in vehicle imports...

Nigeria’s Imports Decline by 7% in Q1 2025 as Demand for Foreign Goods Drops

Business Damilola Bayonle -
Nigeria’s appetite for imported goods has waned in early 2025, as official data shows a 7% decline in import...