1st Vessel Berths at Calabar Seaport in 13 Years Calabar Port Complex received its first container vessel thirteen years after it was concessioned. Marguisa Shipping Line’s...
China-Nigeria Trade Volume Hits $8.6b The total trade between Nigeria and the world’s second-largest economy, China, rose to $8.6 billion in the first half of the...
Sea Trade Surges to N7.85trn in Q2, 2019 The total value of trades carried out through the Nigerian seaports rose by N260.6 billion in the second...
Nigeria’s Total Trade Rises by 24.2% in Q2, 2019 Nigeria’s total trade improved significantly in the second quarter of the year, according to the National Bureau...
CBN Spends $107bn on Imports in Five Years Over dependent on import products continued to hurt Nigeria’s foreign reserves despite efforts by the Federal Government to...
CBN Instructs Banks Not to Accept Bills for Collection from Milk Importers The Central Bank of Nigeria (CBN) on Tuesday instructed Nigerian banks not to accept...
Imports Remain High; 463% More Than Exports Federal Government efforts at stimulating local production, increasing new job creation and boosting exports are yet to crystalise across...
Food Imports: Experts Warn of Economic ‘Catastrophe’ Following President Muhammadu Buhari decision to restrict the Central Bank of Nigeria from providing foreign exchange to importers of...
Nigeria’s Cargo Imports Grow by 21% in H1 2019 Cargo importation from US, Asia, Europe and other parts of the world into Nigeria rose substantially in...
LCCI Seeks Reversal of New Import Duty Exchange Rate The Lagos Chamber of Commerce and Industry has called for an immediate reversal of the new import...