Exports could help expand Nigeria’s economic productivity and deepen growth across key sectors, according to Minister of Industry, Trade, and Investment, Jumoke Oduwole. Oduwole, who spoke...
The Nigerian National Petroleum Corporation (NNPC) has commenced the exportation of low-sulfur straight-run fuel oil (LSSR) from the country’s refinery in Port Harcourt to Dubai. The...
Nigeria’s trade balance grew by 43.6 percent in the third quarter (Q3) of 2024 to N35.2 trillion. A positive trade balance or trade surplus occurs when...
Nigeria’s trade surplus, the difference between exports and imports, rose to N6.95 trillion in the second quarter of 2024, according to the latest foreign trade statistics...
Glo-Djigbé Industrial Zone (GDIZ) is proud to announce the first export of ‘Made in Benin’ ready-to-wear clothing for the prestigious American brand, U.S. POLO ASSN.. A world-renowned...
The Nigerian Ports Authority (NPA) has reported a drop in vehicle imports from 28,024 units in the first quarter of 2023 to just 10,991 units in...
The Dangote Refinery is set to receive its first shipment of Brazilian crude oil next month. This is a pivotal moment in the country’s efforts to...
The trade volume between the European Union (EU) and Nigeria rose to €24.6 billion in 2023, an 18.7% decline from the previous year. Despite the downturn,...
Nigeria achieved a notable trade surplus in the first quarter of 2024, driven by a significant increase in exports. According to the latest report from the...
A recent study conducted by the African Export-Import Bank (Afreximbank) has underscored the critical role of intra-African trade in fostering economic growth across the continent. Published...