China accounted for more than two-fifths of Nigeria’s total imports in the second quarter of 2026, with goods valued at about ₦5.92 trillion, representing 41.02 per cent of the country’s import bill. The figures highlight Nigeria’s continued heavy dependence on Chinese products.
Meanwhile, the 2027 opposition realignment continued to generate tension as Peter Obi rejected calls for him to step down for former Vice-President Atiku Abubakar. Obi said the issue had moved beyond individual ambitions, stressing that any decision on an alliance would have to involve the political parties concerned.
Other major stories making headlines include the arrest of 46 people over the disruption of Obi’s convoy in Benue, a major reshuffle of senior Nigerian Army commanders, and renewed concerns over alleged ₦432 billion liabilities owed the Nigerian Midstream and Downstream Petroleum Regulatory Authority.
The Lagos-Ibadan Expressway also witnessed severe traffic congestion following repair works on the Kara Bridge, leaving motorists and commuters stranded for hours.
In another development, the National Agency for Food and Drug Administration and Control raised concerns over counterfeit products allegedly linked to Chinese networks operating in Nigeria, while the Central Bank of Nigeria stepped up efforts to strengthen monitoring of terrorism financing in the financial sector.