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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 »
July 10, 2023
Nigeria: Naira Unification - Forex Inflow Rises By 28% to U.S.$1.41 Billion
Following the harmonisation of the exchange rates in the country by the Central Bank of Nigeria (CBN), the total inflows into the Importers & Exporters (I&E) Window… Read more »
June 08, 2023
Nigeria: Palm Oil Imports From Malaysia Surges 353% in 4 Months
Palm Oil imports from Malaysia - a top global producer to Nigeria have surged by 353 per cent in the first four months of 2023 despite local players ramping up production, data… Read more »
May 17, 2023
Nigeria: Abuja Chamber of Commerce Celebrates Dangote Refinery Investment
Abuja Chamber of Commerce and Industry (ACCI) has expressed delight over the huge investment by the chairman of Dangote group Alhaji Aliko Dangote in building petroleum refinery in… Read more »
March 21, 2023
Nigeria: Despite Weaker Naira, Nigeria's Foreign Trade Surplus Rises By 162%
Nigeria recorded significant improvement in foreign trade in 2022 with export earnings outweighing import bills by N1.2 trillion, resulting in foreign trade surplus of 162 per… Read more »
March 10, 2023
Africa: EU Announces New Rules for Air Import Shipments
The European Union has kicked off the second phase of its Import Control System 2 (ICS2). Read more »
January 30, 2023
Nigeria: Lekki Port to Facilitate Trade Volume, Increases GDP Growth
Promoter of the Lekki Deep Sea Port, Lekki Port LFTZ Enterprise has stated that the Lekki Port will revolutionise maritime activities in Nigeria, noting that, with the… Read more »
January 26, 2023
West Africa: ECOWAS Intra-Regional Trade Drops By 10% Due to Payment Glitches
The Economic Community of West African States (ECOWAS), the bloc founded to promote cooperation and economic integration in West Africa has reported a 10 per cent drop in trade… Read more »
November 29, 2022
Nigeria: UK, Nigeria Trade Volume Hits £5.5bn
The United Kingdom has announced that total trade in goods and services (exports plus imports) between it and Nigeria currently stands at £5.5billion as both sides confirmed… Read more »
October 27, 2022
Nigeria: President Muhammadu Buhari Seeks Expanded Trade Relations Beyond Gas Exports
President Muhammadu Buhari yesterday in Seoul, expressed Nigeria's desire to widen the scope of trade relations with the Republic of Korea beyond gas exports. Read more »
October 24, 2022
Nigeria: Nigeria, Belgium Strengthen Ties On Nigeria, Belgium Strengthen Ties On Trade, Investment, Investment
Nigeria and the Kingdom of Belgium have mapped out ways to strengthen the existing bilateral relations between both countries especially to boost trade and investment. Read more »
September 30, 2022
Nigeria: Newly Established Nigeria-Saudi Chamber to Boost Business Relations, Trade Volume - Federal Govt
The federal government has said the newly established Nigeria-Saudi Chamber of Commerce, Industry, Mines and Agriculture will help promote trade and boost a partnership between… Read more »
September 22, 2022
Nigeria: Nigerian Lawmakers, Canadian Counterpart Mull Ties On Trade, Insecurity, Others
A Member of the Canadian Parliament representing Don Valley West, Ontario Province, Mr Robert Oliphant, on Tuesday, played host to a delegation of the Conference of Nigerian… Read more »
August 23, 2022
Nigeria: Federal Govt Promises to Release Trapped $464m Foreign Airlines Funds
Reprieve may soon come the way of the foreign airlines whose funds are trapped in the country as the federal government has assured them it is doing everything possible to ensure… Read more »
July 01, 2022
Nigeria: Russian-Ukraine War - Buhari Wants Nigeria, Portugal Trade Shift to Non-Oil Products
President Muhammadu Buhari on Thursday in Lisbon called for an increase in the volume of trade with Portugal as well as diversification to non-oil products. Read more »
May 07, 2022
Nigeria: EU, Nigeria to Deepen Ties As Trade Volume Hits €28.7bn
The European Union (EU) has pledged to continue to pursue with increased vigour its bilateral engagement and friendship with Nigeria as trade volume between the two sides reached… Read more »
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