Nigeria’s Textile Imports Hit N1.08trn as Manufacturers Seek Stronger Protection Nigeria’s textile imports surged to N1.08 trillion in 2025. This shows rising dependence on foreign fabrics.…
Browsing: Nigeria economy
Bilateral trade between India and Nigeria increased 26% to about $9bn in 2025-26, while Indian companies deepen investments in local manufacturing and other sectors.
CBN Expands Access to Open Market Operations, Allows Non-Banks to Participate The Central Bank of Nigeria (CBN) has widened participation in its Open Market Operations (OMO),…
The International Monetary Fund (IMF) has advised Nigeria to introduce new taxes on fuel and telecommunications services as part of efforts to increase government revenue.