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September 14, 2026 - 1:19 PM

Business

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Nigeria’s Trade Surplus Widens as Exports Hit N27 Trillion

Nigeria’s merchandise trade climbed to N41.44 trillion in the second quarter of 2026, driven largely by a sharp rise in exports and stronger activity...

Customs Moves To Post Clearance Audits To Cut Cargo Delays

The Nigeria Customs Service is reducing its reliance on physical cargo inspections at ports as it moves towards a post clearance audit system aimed...

Nigeria’s Car Imports Hit N1.18 Trillion As Transport Bill Jumps

Nigeria’s passenger vehicle imports surged to N1.18 trillion in the first half of 2026, up 145.6% compared to the N479.26 billion recorded in the...

Nigeria’s Food Imports Hit N3.3 Trillion as Household Pressure Grows

Nigeria spent N3.30 trillion importing food and beverages in the first half of 2026, despite a slight decline from the same period last year.   Data...

JUST IN: Nigeria’s Merchandise Trade Hits N41.44tn in Q2 2026

Nigeria’s total merchandise trade increased to N41.44tn in the second quarter of 2026, representing a 5.61 percent rise compared with the N39.24tn recorded in...

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