Nigeria Spends $1.8 Billion On Food Imports In Nine Months- CBN

The Central Bank of Nigeria (CBN) revealed that it spent $1.87 billion on food imports in the first nine months of 2024. This is $235 million more than the $1.64 billion spent during the same period in 2023, marking a 14% increase. The numbers, published in the CBN’s quarterly report, highlight Nigeria’s heavy reliance on … Continue reading Nigeria Spends $1.8 Billion On Food Imports In Nine Months- CBN