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April 17
Nigeria: Petrol Import Costs Fully Recovered, Nnpcl Insists
The Nigerian National Petroleum Company Limited (NNPCL) has said it recovered full costs from the products it imports into the country. Read more »
Nigeria: Cost of Living - Government Policies Need to Wear Human Face
With galloping inflation that officially stands at 33.2 per cent, it has become trite to suggest that Nigerians have had to endure a lot recently. The hard times span the whole… Read more »
April 14
Nigeria: Chivita|hollandia Rewards Outstanding Trade Partners At Annual Conference
Chivita|Hollandia (CHI Limited) has rewarded its long-standing distributors at the recently held 2024 Distributor Conference. Read more »
March 14
Nigeria: Reps Want Ban On Alcoholic Drinks in Sachets, Pet Bottles Lifted
The House of Representatives has resolved that the ban imposed by the National Agency for Food and Drugs Administration and Control (NAFDAC) on the sachet alcoholic and 200m pet… Read more »
Nigeria: Consumer Rights Day - Qnet, Lascopa Join Forces to Empower Consumers
QNET, a renowned global entity in the lifestyle and wellness direct-selling sector, has joined forces with the Lagos State Consumer Protection Agency (LASCOPA) to spearhead a… Read more »
March 07
Nigeria: Marwa Seeks Amendment to NDLEA Act to Boost War Against Illicit Drugs
Chairman of the National Drug Law Enforcement Agency, Brig.-Gen. Mohamed Marwa (rtd) said that the successful amendment of the NDLEA Act will enhance the war against illicit drugs. Read more »
Nigeria: Kano to Partner With Afrinvest to Enhance Trade, Dev't
The Kano State Government has announced its intention to partner with Afrinvest (West Africa) Limited to modernise and enhance trade and development in the state. Read more »
February 26
Nigeria: 'Peg Customs Exchange Rate At N1000/$1 to Ease Hardship'
Following the adjustment of the exchange rate for importation more than six times this year, the Central Bank of Nigeria (CBN) has directed that the rate to be used by the Nigerian… Read more »
Nigeria: 4,000 Benefit From Sale of Seized Rice
Over 4,000 persons in Lagos, on Friday, benefited from the sale of rice seized by the Nigerian Customs Service (NCS). Read more »
February 20
Nigeria: Redan Demands FG's Immediate Intervention As Cement Prices Soar
President of Real Estate Developers Association of Nigeria ( REDAN), Dr Aliyu Oroji Wamakko weekend said the recent increase in prices of cement further threatens infrastructural… Read more »
February 17
Nigeria: National Commodity Board Will Bring Stability to Food Prices - Lcci
The Lagos Chamber of Commerce and Industry (LCCI) has said the recent announcement regarding the federal government's intention to establish a National Commodity Board has the… Read more »
February 15
Nigeria: Cocoa Prices Surge to Record High On Naira Depreciation
Nigerian cocoa farmers and exporters are reaping big as global cocoa prices hit record high, thanks to the steep naira devaluation that has resulted in a sharp increase in the… Read more »
February 14
Nigeria: 'Diseases, Inflation Threaten Nigeria's Ginger Export'
Professor Ibrahim Sodangi, a Professor of Agronomy and Provost College of Agriculture and Environmental Sciences, Kaduna State University (KASU) has said that ginger exportation is… Read more »
Nigeria: Equities Market Sheds N183bn in Bearish Trading
The local equities market yesterday reversed some of the gains from the previous session as the overall capitalization lost N183 billion on selloffs in Guinness Nigeria, PZ Cussons… Read more »
February 12
Nigeria: States Asked to Subsidise Prices of Drugs
Chairman, Forum of CEOs of State Social Health Insurance Agencies in Nigeria, Dr Simeon Onyemaechi, has asked health insurance providers to prioritize subsidized drug rates and… Read more »
Nigeria: Disincentives of Rise in Import Duty
It is commonplace to observe that Nigerians are facing a grim reality of rising costs of food and other essential commodities amid poor purchasing power and fast dwindling economy. Read more »
January 17
Nigeria: Tin-Can Customs Generates U.S.$786 Millon, Gets U.S.$1 Billion Revenue Target
The Tin-Can Island command of the Nigeria Customs Service (NCS), on Tuesday, announced that it generated a whooping N716 billion from goods imported into the country in 2023. Read more »
December 15, 2023
Nigeria: I Will Make Nigeria Import, Export Hub - President Tinubu
President Tinubu has disclosed plans by his administration to turn Nigeria into a hub of export and import activities. Read more »
November 06, 2023
Nigeria: Nigerian Firms Commend China Over Import Expo
Nigerian trading companies participating in the 6th Edition of the China International Import Expo (CIIE) have lauded the Chinese Government for opening up its 1.4 billion market… Read more »
October 30, 2023
Nigeria: Nigeria Loses Billions of Naira to 70 Lagos-Abidjan Checkpoints
Nigeria is losing hundreds of billions of Naira annually as a result of about 70 illegal checkpoints mounted on the Lagos-Abidjan and Atan-idiroko corridors by the Nigeria Police… Read more »
Nigeria: ENL Consortium, Chinese Port Operator Sign Trade, Investment Agreement
ENL Consortium Nigeria Limited has signed an agreement with Chinese port operator, Lianyungang Port Holding Group Ltd to deepen investment at the Lagos Port Complex, Apapa and… Read more »
October 12, 2023
Africa: Africa's Total Exports to Hit $1trn By 2035 - Standard Chartered
Standard Chartered report has revealed that Africa's total exports are expected to hit close to $1 trillion by 2035. Read more »
October 11, 2023
Africa: Nigeria Rises to 4th in Africa's Trade Rankings
The latest Africa Trade Barometer has revealed that Nigeria has moved up four positions from eighth to forth in the country rankings. Read more »
September 18, 2023
West Africa: 57 Checkpoints Along Badagry-Seme Expressway Frustrating Intra-African Trade - ECOWAS
The Economic Community of West African States (ECOWAS) Commission, over the weekend, said over 57 checkpoints on the Badagry-Seme expressway of the Lagos- Abidjan corridor are… Read more »
August 15, 2023
Nigeria: Pfizer Rallies Stakeholders for Fight Against Illicit Drug Trade in Nigeria
The world's premier innovative biopharmaceutical company, Pfizer, has reiterated the need for industry players to join forces in creating awareness around the dangers of… Read more »
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