Nigeria’s Imports Surge to N35 Trillion Amid Naira Depreciation

In a stark reflection of economic trends, Nigeria witnessed a substantial surge in total imports, reaching N35.9 trillion in 2023, according to data released by the National Bureau of Statistics (NBS). The data breakdown reveals a progressive increase in import figures throughout the year. In the first and second quarters of 2023, total imports amounted … Continue reading Nigeria’s Imports Surge to N35 Trillion Amid Naira Depreciation