April 16
Nigeria: FG Launches National Single Window Project for Enhanced Trade Efficiency
The project is designed to reduce clearance times, improve economic metrics, increase transparency, and minimise trade costs Read more »
March 27
Nigeria: Kalu Meets Okonjo-Iweala, Seeks WTO's Help in Contamination of Agricultural Products During Export
Mr Kalu said African businessmen face hurdles in marketing their products, primarily due to aflatoxins contaminating them en route to their destinations. Read more »
March 22
Nigeria: Nigeria Customs Suspends 25 Percent Penalty On Improperly Imported Vehicles
"Stakeholders, including vehicle owners, importers, and agents, are encouraged to seize this opportunity to regularise import duty payments within the designated 90-day timeframe,"… Read more »
March 10
Nigeria: Tinubu Directs Nigerian Customs to Return Seized Food Items to Owners
Mr Adeniyi explained that the president has decided to exercise his power according to the feelings of magnanimity that he has for Nigeria contrary to what the law stipulates. Read more »
February 21
Africa: Analysis - Clarifying Myth, Misconception Around U.S.-South Africa Bilateral Relation
A newly-introduced bill at the U.S. Congress has sparked questions about the trajectory of the longstanding relationship between the U.S and South Africa. Read more »
February 15
Nigeria: What I Discussed With Governors About Insecurity, Food Prices - Tinubu
Mr Tinubu in a statement on his official X handle said he discussed three key issues with the state governors. Read more »
December 27, 2023
Nigeria: 2024 Budget - Running Costs of Finance, Budget, Trade Ministries to Surge By N2 Trillion
The Federal Ministry of Finance alone will spend expend N8.5 trillion on overheads, 15.8 per cent more than the N7.34 trillion budgeted for it a year ago Read more »
December 14, 2023
Nigeria: No N1 Billion Foreign Trip in Trade Ministry's Budget, Minister Clarifies
Trade, Industry and Investments Minister, Doris Uzoka-Anite, said the N1.6 billion in the budget was allocated for the maintenance of the Nigerian Trade Office in Geneva. Read more »
November 02, 2023
West Africa: Lekki Port - West Africa's New Transshipment Hub?
It is estimated that the overall economic benefit will reach $361 billion over the next 45 years, and 170,000 direct and indirect jobs will be created. Read more »
October 26, 2023
Africa: Medicines for Africa - Obasanjo Speaks On UK-India Trade Deal
President Obasanjo said the UK's proposals will lead to "huge cost increases for health systems and catastrophic delays in accessing medicines". Read more »
October 16, 2023
Nigeria: Cabinet Approves Sub-Committees for Industrial Revitalisation, Free Trade Zone
Industry Minister, Doris Uzoka-Anite, said that the sub-committees would come up with a roadmap toward the full revival of the economy in line with the president's eight-point… Read more »
September 06, 2023
Nigeria: Over 10 Countries Indicated Interest in Abuja Trade Fair - Official
It is dedicated to connecting businesses with lucrative trade and investment prospects within the country. Read more »
July 31, 2023
Nigeria: Between Import Restrictions and a More Competitive Domestic Economy
Last week, I watched footage on social media that suggested that the domestic market for tie-and-dye/adire fabrics is being gutted by cheap imports of similar looking fabrics from… Read more »
July 27, 2023
Nigeria: Character Commission Chairperson, Subordinates Trade Accusations On Job Selling, Others
The chairperson and the commissioners accused themselves of impropriety and nepotism. Read more »
June 26, 2023
Nigeria: Nigeria Committed to Promoting Trade, Technology With Korea - VP Shettima
Mr Shettima also reiterated the government's desire to create one million jobs in the digital sector for young Nigerians. Read more »
June 20, 2023
Nigeria: Economy 360 - Fashola, Dangote Refinery, and Nigeria's 'Pathetic' Free Trade Zones
" ... the reality isn't different in many other parts of the world where the free trade zones scheme has recorded success and aided economic development. Read more »
June 11, 2023
Nigeria: Prospecting Nigeria's Free Trade Zone Under Tinubu Administration
"Tinubu's presidency will be a new dawn as we hope that the scheme will be used to speedily drive national growth." Read more »
June 06, 2023
Nigeria: Nigeria's Total Trade Improves in Q1 2023 - NBS
This is according to the NBS Foreign Trade in Goods Statistics Report for Q1 2023 released in Abuja on Tuesday. Read more »
April 11, 2023
Nigeria: Govt Signs Agreement to Re-Concession Lagos Trade Fair Complex
Ms Tukur said the bureau signed a tripartite agreement with Portman Freight Services Limited and LITFC to lease a portion of the complex to the freight service company. Read more »
March 09, 2023
Nigeria: Nigeria's Foreign Trade Fell in Q4 2022 - NBS
Data on Nigeria's exports to her trading partners showed that Spain was Nigeria's top export destination in Q4 2022 Read more »
February 09, 2023
Nigeria: Atiku in Kano, Promises to Revive Agriculture, Commerce
He said he will revive agriculture, and commercial activities, reopen the land borders and empower the youth Read more »
January 23, 2023
Nigeria: Lekki Port to Grow Nigerian Trade Volume, Increase GDP
Lekki Port LFTZ Enterprise's official describes the port as a game-changer that would redefine maritime activities in Nigeria and the entire West African sub-region. Read more »
November 27, 2022
Nigeria: NIPCO to Connect Lekki Free Trade Zone With Gas Pipeline
NIPCO Gas Ltd. has signed an agreement with the NNPC Gas Marketing Ltd. (NGML) and Lekki Free Zone Development Company (LFZDC) to build a gas pipeline. Read more »
May 15, 2022
Nigeria: India Says Open to Exporting Wheat to Poor Nations Despite Ban
The ban is expected to affect the price of the produce globally, including in Africa and Nigeria in particular. Read more »