NewsBreakNigeria
USD/NGN 1,327.27GBP/NGN 1,794.78USD/NGN black market ₦1,390GBP/NGN black market ₦1,880
USD/NGN 1,327.27GBP/NGN 1,794.78USD/NGN black market ₦1,390GBP/NGN black market ₦1,880

Nigeria’s Vehicle Imports Surge 146% to N1.18tn in H1 2026, Overall Transport Equipment Import Bill Soars

Nigeria’s imports of passenger motor vehicles rose sharply by 145.6 per cent year-on-year to ₦1.18 trillion in the first half of 2026, from ₦479.26 billion recorded in the corresponding period of 2025.

Aggregated · originally by ThisDay
13 Sept 2026, 04:31 WAT · 3 min read
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Nigeria’s Vehicle Imports Surge 146% to N1.18tn in H1 2026, Overall Transport Equipment Import Bill Soars

Nigeria’s imports of passenger motor vehicles rose sharply by 145.6 per cent year-on-year to ₦1.18 trillion in the first half of 2026, from ₦479.26 billion recorded in the corresponding period of 2025.