Foreign exchange utilisation for visible imports totalled $1.47 billion in October 2024, with the industrial sector accounting for the lion’s share of 56.88 per cent, according to a report by the Central Bank of Nigeria (CBN).
This was followed by food products at 15.35 per cent, oil sector imports at 13.50 percent, manufactured products at 8.13 per cent, minerals at 3.14 per cent, transport at 2.58 per cent, and agriculture at 0.42 per cent.
The CBN’s economic report for…
>
Leave a Reply