Nigeria’s push to digitise cross-border trade is gathering momentum with 114,122 regulatory trade documents processed through the National Single Window between March 27 and August 17,...
Nigeria recorded a stronger trade surplus in April 2026 as lower import spending, particularly on petroleum products, outweighed modest growth in exports. According to the Central...
Despite a significant increase in domestic refining capacity, Nigeria spent $4.86 billion on petroleum imports in 2025 as demand for foreign fuel and oil-sector inputs remained...
Dangote Refinery increased its use of imported refining inputs during the first five months of 2026 as the facility ramped up fuel production and maintained operations...
Nigeria recorded a significant increase in foreign exchange earnings from non-crude exports in 2025 with receipts rising by $1.86 billion compared to the previous year. Data...
The Federal Government has introduced a $1 billion financing programme aimed at strengthening the capacity of Nigerian businesses to compete within the African Continental Free Trade...
Nigerian Ports Authority (NPA) recorded a sharp rise in vehicle traffic across the country’s seaports during the first quarter of 2026 as maritime activities continued to...
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...