Nigeria’s Central Bank has warned that shipping lines and agents who connive with exporters to take products out of the country without proper documentation will face...
As tensions between Russia and Ukraine escalate, Nigeria has seen a surge in its imports from Russia, according to the latest foreign trade report from the...
Used Vehicles auto dealers in Nigeria have expressed concern over the decline of Tokunbo car imports volume in 2022. According to the dealers, Tokunbo car imports...
By Coronation Merchant Bank Economic Research The latest report from the National Bureau of Statistics (NBS) in its series on foreign trade in goods shows the...
Nigeria and China have long maintained a cordial trade relationship, but recent statistics show a decline in bilateral trade by N37.3bn ($81m) to $219m in 2022...
The African Continental Free Trade Area (AfCFTA) has the potential to transform the African continent by connecting 54 countries with a combined population of 1.3 billion...
The installation of Electronic Cargo Tracking Notes for seaports across Nigeria, was on Wednesday signed by the Federal Executive Council (FEC). According to FEC, the cargo...
Nigeria has recorded a total of $50 billion loss in its shipping services to international ship companies from 2015 to 2022. This was disclosed by a...
Decline in oil production, insecurity ahead of 2023 general elections and high inflationary pressure remain the major areas of concern for Nigeria. Against this backdrop, the...
The Federal Government has stated that it plans to impose an additional 0.5 percent levy on imported goods to meet the country’s obligation to the Africa...