Members of the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) have expressed their strong opposition to the recently introduced price verification system at...
Recent data released by the National Bureau of Statistics (NBS) paints a bleak picture for Nigeria’s exports to India, showing a dramatic 61% decline over the...
A recent border closure between Nigeria and Niger has put a $226.34 million trade relationship in jeopardy. This trade link, established through years of cooperation, is...
Naira joins exclusive list of pre-approved currencies for UK Export Finance, opening doors for Nigerian businesses
This decline can be partly attributed to the slowdown in economic activities in Q1 ‘23 due to the cash crunch associated with the Naira redesign policy.
Palm oil imports from Malaysia rose by 353 percent in the first four months of the year despite forex restrictions imposed on the commodity.
The figures show an impressive increase of 80.77%, with the trade balance soaring from $2.6 billion in the prior year to a substantial $4.7 billion in...
Broad money supply (M3) in April 2023 grew by 22.11%
In a recent report titled “Trade Integration in Africa: Unleashing the continent’s potential in a changing world,” the International Monetary Fund (IMF) has emphasized the transformative...
The Nigerian Shipper’s Council (NSC) has successfully saved a remarkable sum of N2.7 billion, protecting it from potential losses. The council’s unwavering efforts in tackling challenges...