Tag: Imports

Nigeria to Establish National Strategic Petroleum Reserve Amid Fuel Security Push

In a move aimed at fortifying its energy security and shielding its…

Genesis Obong

Afreximbank Commits $3 Billion to Fuel Intra-African Oil Trade

In a significant move aimed at bolstering Africa’s energy independence, the African…

Genesis Obong

US Slams Nigeria’s Import Ban as Unfair Trade Barrier

The United States government, via its Trade Representative (USTR), has expressed strong…

Oluwadara Akingbohungbe

Canada Retaliates: Imposes Tariffs on $155 Billion in US Goods

Canada has retaliated against the United States' recent trade measures by imposing…

Genesis Obong

Nigeria Refineries: A Paradox of Plenty and Scarcity

Nigeria's oil refining sector presents a complex paradox. While the nation boasts…

Genesis Obong

NCS Introduces 4% FOB Charge on Imports, Sparks Industry Debate

The Nigerian Customs Service (NCS) has ignited a wave of discussions within…

Genesis Obong

Nigeria’s Fuel Imports Plummet as Dangote Refinery Disrupts Global Trade

Nigeria's reliance on foreign fuel suppliers is dwindling rapidly, a seismic shift…

Genesis Obong