Food Imports Ease to $2.34bn as Total FX Use Soars to $47.17bn – CBN

Nigeria’s spending on food imports fell to $2.34 billion in 2025, down 7.37 per cent from $2.53 billion in 2024, the Central Bank of Nigeria (CBN) said in its latest Quarterly Statistical Bulletin. Although food import bills eased, the drop is sharper when measured as a share of total foreign-exchange (FX) use. Food accounted for […]

Go to News Site