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...
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...