Chinese Imports

Business

China Supplies 39 Percent Of Nigeria’s Imports As Trade Deficit Hits ₦9.9trn

Ogochukwu Onwaeze, THEWILL -
Nigeria’s imports from China increased from ₦5.10 trillion in the first quarter of 2026 to ₦5.92 trillion in the second quarter, according to the latest Foreign Trade in Goods Statistics from the National Bureau of Statistics.
Business

Tariff Removal on Chinese Imports to Save Nigeria $1.4bn Yearly

Ogochukwu Onwaeze, THEWILL -
March 16, (THEWILL) — Nigerian manufacturers and other import-dependent businesses are expected to save about $1.4 billion annually following the removal of tariffs on selected Chinese imports, a development aimed at reducing production costs and boosting industrial growth. The tariff...
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Latest News

NewsJoy Onuorah, THEWILL -

Africa’s Startup Funding Rises As Fewer Founders Secure Investment

African startups are raising more money, yet fewer businesses are securing investment, exposing a growing divide between companies attracting large funding rounds and founders still searching for their first substantial cheque.
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