News
Macroeconomy
Nigerians import $602m US vehicles in five months
The Punch
Aug 2, 2026 · 01:00 WAT
Nigeria imported US vehicles and vehicle parts valued at $602 million between January and May 2026, representing a 41.3% increase. The data highlights changing import demand and has potential relevance to Nigeria’s trade balance, foreign-exchange requirements and broader macroeconomic conditions.