Monday, August 11, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Top 5 African countries Nigeria spent the most money from in Q2 2024

Simon Osuji by Simon Osuji
October 2, 2024
in Business
0
Top 5 African countries Nigeria spent the most money from in Q2 2024
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

In Q2 2024, Nigeria spent ₦12,473.53 billion on imports, accounting for 39.11% of its overall commerce. During this time, Nigeria traded with a number of countries within and outside of Africa. The West African country imported a wide variety of items from these countries.

In the second quarter of 2024, Nigeria imported goods from African countries worth ₦555.48 billion, while its export value within the continent stood at ₦2,356.01 billion.

Most of what the West African giants imported from its fellow African states, according to the National Bureau of Statistics, includes gas oil, petroleum bitumen diammonium hydrogen orthophosphate and Butanes, among other things.

Additionally, Nigerian exports to its fellow ECOWAS member nations totaled ₦1,667.33 billion, while imports were ₦166.37 billion.

Nigeria’s largest ECOWAS trading partner was Togo (₦75.73 billion), followed by Ivory Coast (₦63.43 billion), Ghana (₦20.79 billion), Niger (₦3.21 billion), and Senegal (₦1.07 billion), accounting for 98.72 percent of all imports from the area.

With that said, here are the five African countries Nigeria imported the highest value goods from.

Related posts

Niger’s military government seizes control of industrial gold mine from Australian operator

Niger’s military government seizes control of industrial gold mine from Australian operator

August 10, 2025
Why The Path to $10 Is Now Wide Open

Why The Path to $10 Is Now Wide Open

August 10, 2025

Top 5 African countries Nigeria spent the most money from in Q2 2024

Rank Country Import value

1.

South Africa

₦155.62 billion

2.

Togo

₦75.73 billion

3.

Ivory Coast

₦63.43 billion

4.

Egypt

₦55.68 billion

5.

Equatorial Guinea

₦53.07 billion

Source link

Previous Post

Johann Rupert overtakes Aliko Dangote again as Africa’s Richest man

Next Post

The D Brief: Iran’s missile attack on Israel; Russia seizes town; Ukraine gathers industry; Jan. 6 whitewash; And a bit more.

Next Post
The D Brief: Iran’s missile attack on Israel; Russia seizes town; Ukraine gathers industry; Jan. 6 whitewash; And a bit more.

The D Brief: Iran’s missile attack on Israel; Russia seizes town; Ukraine gathers industry; Jan. 6 whitewash; And a bit more.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Enhanced transparency: New report highlights progress, challenges, next steps – EnviroNews

Enhanced transparency: New report highlights progress, challenges, next steps – EnviroNews

2 months ago
Das Keyboard 5QS Mark II Review: A Keyboard Lost in Time

Das Keyboard 5QS Mark II Review: A Keyboard Lost in Time

7 months ago
Nasarawa Assembly pledges to strengthen mining laws – EnviroNews

Nasarawa Assembly pledges to strengthen mining laws – EnviroNews

5 months ago
Gulf Medical University’s Annual Global Day hosts the largest fusion of cultures

Gulf Medical University’s Annual Global Day hosts the largest fusion of cultures

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.