Nigeria has halted the issuance of new petrol import licenses in a move that signals a strategic shift toward strengthening domestic refining capacity and reducing reliance...
The European Union and India have reached a landmark free trade agreement, the largest ever concluded by either side. Announced in New Delhi, the agreement concludes...
The United States recorded a $1.45 billion goods trade surplus with Nigeria in the first ten months of 2025, a sharp reversal from the deficit position...
Nigeria has recorded a sharp decline in export earnings following tougher trade conditions imposed by the United States, with losses approaching ₦1 trillion over the review...
The Federal Government has ordered an immediate halt to the export of wood and wood-related products, withdrawing all existing licences and permits under a new presidential...
Nigeria’s passenger vehicle imports rebounded in 2025 amid improved foreign exchange market conditions and renewed confidence among importers. Official trade data shows that the value of...
Nigeria’s merchandise trade expanded to ₦38.9 trillion in the third quarter (Q3) as trade activity surged amid a gradual strengthening of economic momentum during the period....
Nigeria recorded a rise in foreign inflows over the first ten months of 2025 as higher non-oil export earnings strengthened the country’s external position and improved...
Nigeria recorded a boost in trade with other African nations in the first half of the year amid the country’s regional economic diplomacy and logistics reforms....
The latest data from the U.S. Census Bureau has revealed a sharp decline in America’s imports of Nigerian goods, falling by 41 per cent in July...